document.write( "Question 361637: Danny has $2,100 in his savings account. He receives 0.78% anhual simple interest. If he makes no further deposits or withdrawals, how much money will he earn in simple interest in 3 yrs. \n" ); document.write( "

Algebra.Com's Answer #257791 by JBarnum(2146) $\"\"$ $\"About$

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1st year
\n" ); document.write( " $\".0078%2A2100=16.38\"$
\n" ); document.write( " $\"16.38%2B2100=2116.38\"$
\n" ); document.write( "2nd year
\n" ); document.write( " $\".0078%2A2116.38=16.51\"$
\n" ); document.write( " $\"16.51%2B2116.38=2132.89\"$
\n" ); document.write( "3rd year
\n" ); document.write( " $\".0078%2A2132.89=16.64\"$
\n" ); document.write( " $\"16.64%2A2132.89=2149.53\"$
\n" ); document.write( "interest earned
\n" ); document.write( " $\"2149.53-2100=highlight%2849.53%29\"$ \n" ); document.write( "

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