document.write( "Question 422559: Hassan deposited $7,500 into a bank account. At the end of 3 years the account had earned $900 in simple interest. What rate of interest did the account earn per year? \n" ); document.write( "
Algebra.Com's Answer #294939 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! I=P*r \n" ); document.write( "I/P=r \n" ); document.write( "(900/7500)/3=0.04=4% \n" ); document.write( " |