document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=354920>Question 354920</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If a womann invested $2400 in a simple interest account and earned $84 in 6 months, what is the annual interest rate? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #253528 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=253528\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> in 6 months she earned $64<BR>\n" );
document.write( "in one year it will be double of that= $132.<BR>\n" );
document.write( "p= $2400<BR>\n" );
document.write( "r=?<BR>\n" );
document.write( "time = 1 year<BR>\n" );
document.write( "I= 132<BR>\n" );
document.write( "...<BR>\n" );
document.write( "132=2400*r*1<BR>\n" );
document.write( "132/2400=r<BR>\n" );
document.write( "r= 0.055 <BR>\n" );
document.write( "= 5.5% <BR>\n" );
document.write( "...<BR>\n" );
document.write( "m.ananth@hotmail.ca<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );