document.write( "Question 548908: Marcy puts $500.00 in a bank account. Each year the account earns 5% simple interest. How much interest will be earned in five years? \n" ); document.write( "
Algebra.Com's Answer #357310 by mananth(16946)![]() ![]() You can put this solution on YOUR website! i= p*r*t\r \n" ); document.write( "\n" ); document.write( "p=$500 \n" ); document.write( "r=5%=0.05 \n" ); document.write( "t=5 \n" ); document.write( "i=\r \n" ); document.write( "\n" ); document.write( "i=500*0.05*5\r \n" ); document.write( "\n" ); document.write( "$125 \n" ); document.write( " |