document.write( "Question 486823: the saving account in which you initially invested $250 has earned $30 simple interest in 5 years. what is the interest rate of the account \n" ); document.write( "
Algebra.Com's Answer #332812 by rfer(16322)\"\" \"About 
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I=Prt
\n" ); document.write( "r=I/Pt
\n" ); document.write( "r=30/250*5
\n" ); document.write( "r=30/1250
\n" ); document.write( "r=0.048
\n" ); document.write( "r=4.8%
\n" ); document.write( "
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