document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=748831>Question 748831</A>: <I><SPAN STYLE=\"word-break: break-all;\"> What annual rate of interest would you have to earn on an investment of 29000 dollars to ensure receiving 1450 dollars interest after one year? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #455652 by </B><A HREF=/tutors/aboutme.mpl?userid=tommyt3rd><B>tommyt3rd(5050)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=tommyt3rd><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=tommyt3rd><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=455652\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Our working formula is the simple interest formula I=Prt with I=1450, P=29000,t=1\r<BR>\n" );
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document.write( "1450=29000*r*1\r<BR>\n" );
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document.write( "so r=1450/29000 = 0.05\r<BR>\n" );
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document.write( "which is 5%\r<BR>\n" );
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document.write( ":) </SPAN>\n" );
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