document.write( "Question 71200: A principal of $5000 was invested in a savings account for 4 years. If the interest earned for the period was $400, what was the interest rate? \n" ); document.write( "
Algebra.Com's Answer #50912 by hailu(13)![]() ![]() ![]() You can put this solution on YOUR website! given- I=$400, P=$5000, T=4yrs \n" ); document.write( "I=PrT\r \n" ); document.write( "\n" ); document.write( "R=I/pt\r \n" ); document.write( "\n" ); document.write( "R=400/(5000*4) \n" ); document.write( "R=400/20,000 \n" ); document.write( "R=4/200 \n" ); document.write( "R=2/100 \n" ); document.write( "R=2%\r \n" ); document.write( "\n" ); document.write( "memorize the formula,ayt, peace \n" ); document.write( " |