document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=625906>Question 625906</A>: <I><SPAN STYLE=\"word-break: break-all;\"> the simple interest earned when a principal p is invested at a rate r for a time t is calculated by multiplying the principal by the rate by the time write an expression for the interest earned. how do you translate that? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #393907 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><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/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=393907\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> i = p*r*t<BR>\n" );
document.write( "that's your equation.<BR>\n" );
document.write( "i = interest<BR>\n" );
document.write( "p = principal<BR>\n" );
document.write( "r = interest rate<BR>\n" );
document.write( "t = time<BR>\n" );
document.write( "example:<BR>\n" );
document.write( "p = 100 dollars<BR>\n" );
document.write( "r = 5% per year<BR>\n" );
document.write( "t = 2 years<BR>\n" );
document.write( "i = 100*.05*2 = 10<BR>\n" );
document.write( "note that 5% per year is equivalent to an interest rate of .05 per year.<BR>\n" );
document.write( "the interest rate is the percent rate divided by 100<BR>\n" );
document.write( "5% / 100 = .05<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );