document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=823612>Question 823612</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 4. Ike opened a savings account with a deposit of $4,000. Three years later, he had earned a total of $480 in simple interest. \r<BR>\n" );
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document.write( "If he made no additional deposits, what was the annual interest rate on his account?<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #495632 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><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=495632\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 480/3=160 per yr.<BR>\n" );
document.write( "160/4000=$0.04=4% </SPAN>\n" );
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