document.write( "Question 579408: Tony deposits$6000 into an account that pays simple interest at a rate of 2% per year. How much interest will he be paid in the first 6 years?\r
\n" );
document.write( "
\n" );
document.write( "\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #370977 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Tony deposits$6000 into an account that pays simple interest at a rate of 2% per year. How much interest will he be paid in the first 6 years? \n" ); document.write( "-------------- \n" ); document.write( "i = prt \n" ); document.write( "--- \n" ); document.write( "i = 6000*0.02*6 \n" ); document.write( "---- \n" ); document.write( "i = $720 \n" ); document.write( "============= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |