document.write( "Question 53789: Can someone help me on this problem?\r
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document.write( " I need to identify the rate, base and amount in the following application You do not have to solve the applications at this point.\r
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document.write( " Paul invested $5000 in a time deposit. What interest will he earn for 1 year if the interest rate is 6.5%\r
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document.write( " Thanks, Ashley \n" );
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Algebra.Com's Answer #36074 by checkley71(8403)![]() ![]() ![]() You can put this solution on YOUR website! THE RATE IS 6.5% OR .065 THE BASE IS $ 5,000 & THE AMOUNT (INTEREST) IS\r \n" ); document.write( "\n" ); document.write( ".065*5,000*1=$325 THE EARNED INTEREST ON $ 5,000 FOR 1 YEAR @ 6.5% INTEREST. \n" ); document.write( " |