document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=70992>Question 70992</A>: <I><SPAN STYLE=\"word-break: break-all;\"> hello out there i need help with four algebra questions can anybody help and if so thank you very much,here is the problems:How much interest will Ms.Williams earn if she invests $500 at 5% for 6 years.The next one is,Manny opens a savings account that earns 6% annual interest.His goal is to earn $600 interest in 5 years.How much money does he need to deposit?The next one is,express 7 over 8 as a percent.And the last question is,Mr.Ortega buys a car for $16,500.A state sales tax of 4% is then added to the price of the car.What is the total price?Thank you to whoever helps me </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #50728 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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=50728\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> How much interest will Ms.Williams earn if she invests $500 at 5% for 6 years.<BR>\n" );
document.write( "That depends on how it is invested: simple interest or compound interest<BR>\n" );
document.write( "If simple interest: A= P + Prt= P(1+rt)=500(1+0.05*6)=500(1.3)=$650<BR>\n" );
document.write( "If compound interest: A=P(1+r/n)^(nt)=500(1+0.05)^(6)=500*1.34=$670.05<BR>\n" );
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document.write( "The next one is,Manny opens a savings account that earns 6% annual interest.His goal is to earn $600 interest in 5 years.How much money does he need to deposit?<BR>\n" );
document.write( "Assuming simple interest: Interest = Prt; 600=P(0.06)5;P=600/0.3=$2000<BR>\n" );
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document.write( "The next one is,express 7 over 8 as a percent<BR>\n" );
document.write( "7/8=0.875 = 87.5%<BR>\n" );
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document.write( ".And the last question is,Mr.Ortega buys a car for $16,500.A state sales tax of 4% is then added to the price of the car.What is the total price?<BR>\n" );
document.write( "Let \"x\" be the total price:<BR>\n" );
document.write( "x=16,500 + 0.04(16,500) = 1.04(16,500) = $17,160<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "stan H. </SPAN>\n" );
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