document.write( "Question 553312: Leroy invests $9,500 at 16% simple interest. About how much interest will he earn in 8 months? \n" ); document.write( "
Algebra.Com's Answer #360818 by MathTherapy(10555)\"\" \"About 
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\n" ); document.write( "\n" ); document.write( "Leroy invests $9,500 at 16% simple interest. About how much interest will he earn in 8 months?\r
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\n" ); document.write( "\n" ); document.write( "Simple interest = Principal * time * rate\r
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\n" ); document.write( "\n" ); document.write( "SI = PTR, where P = 9,500, T = 8/12, and R = .16\r
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\n" ); document.write( "\n" ); document.write( "Therefore, SI = \"9500+%2A+%288%2F12%29+%2A+.16\", or \"%289500%288%29%28.16%29%29%2F12\"\r
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\n" ); document.write( "\n" ); document.write( "SI, or simple interest = $\"highlight_green%281013.33%29\"\r
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