document.write( "Question 590455: he put 1050 in a savings account and it earned 241.50 in simple interest after 4 years. What is the intest rate? \n" ); document.write( "
Algebra.Com's Answer #375175 by rfer(16322)\"\" \"About 
You can put this solution on YOUR website!
I=Prt
\n" ); document.write( "241.50=1050*4r
\n" ); document.write( "241.50/4200=r
\n" ); document.write( "r=0.0575=5.75%
\n" ); document.write( "
\n" );