document.write( "Question 67758: Paul invested $5000 in a time deposit. What interst will he earn for 1 year if the interest rate is 6.5%?\r
\n" ); document.write( "\n" ); document.write( "Is the answer $325.00
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Algebra.Com's Answer #48247 by tutorcecilia(2152)\"\" \"About 
You can put this solution on YOUR website!
Yes, I agree with your answer, because:
\n" ); document.write( "Interest = (Principle)(rate)(time) [formula for simple interest]
\n" ); document.write( "I=(5000)(.065)(1)[change the percent to a decimal; multiply]
\n" ); document.write( "I=$325
\n" ); document.write( "Good job!!
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