document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=599300>Question 599300</A>: <I><SPAN STYLE=\"word-break: break-all;\"> carlos deposits $500 into an account that pays simple interest at a rate of 6% per yer.  how much interest will he be paid in the first five years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #378895 by </B><A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><B>jim_thompson5910(35256)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=378895\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A = P(1+rt)\r<BR>\n" );
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document.write( "A = 500(1+0.06*5)\r<BR>\n" );
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document.write( "A = 500(1+0.3)\r<BR>\n" );
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document.write( "A = 500(1.3)\r<BR>\n" );
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document.write( "A = 650\r<BR>\n" );
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document.write( "So he'll have $650 in the first five years. </SPAN>\n" );
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