document.write( "Question 391779: SSG Woods deposited $1,500 in his savings account. If the bank pays him 8 1/2 % interest per year, how much money will he make in interest at the end of one year? \n" ); document.write( "

Algebra.Com's Answer #277950 by ewatrrr(24785) $\"\"$ $\"About$

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document.write( "Hi,         
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document.write( "$1,500 at 8 1/2 % interest per year
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document.write( " 8 1/2% = 8.5 % = 8.5/100 = .085 in decimal form
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document.write( "Interest after one year will be = .085*$1500 = $127.50 \n" );
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