document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=833147>Question 833147</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 600 invested for 3 years at 25%\r<BR>\n" );
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document.write( "What is the interest per year </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #502310 by </B><A HREF=/tutors/aboutme.mpl?userid=JulietG><B>JulietG(1812)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=JulietG><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=JulietG><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=502310\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> I'd love to see the prospectus for an investment that pays 25%!<BR>\n" );
document.write( "This assumes that it is simple interest, paid yearly.<BR>\n" );
document.write( "First year, 600 * 0.25 = 150 interest<BR>\n" );
document.write( "Second year (600+150) * 0.25 = 187.50 interest<BR>\n" );
document.write( "Third year (600+150+187.50) * 0.25 = 234.38 interest<BR>\n" );
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document.write( "At the end of the third year, you'll have<BR>\n" );
document.write( "600 (initial) + 150 (yr 1 interest) + 287.50 (yr 2 interest) + 187.50 (yr 3 interest)<BR>\n" );
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