document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=858480>Question 858480</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If a savings account pays 3% simple annual interest,  a deposit of $250 will earn in 2 years?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #517219 by </B><A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><B>jim_thompson5910(35256)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><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=517219\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Interest earned:  \r<BR>\n" );
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document.write( "I = P*r*t\r<BR>\n" );
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document.write( "I = 250*0.03*2\r<BR>\n" );
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document.write( "I = 15\r<BR>\n" );
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document.write( "You will earn 15 dollars in interest.\r<BR>\n" );
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document.write( "So overall, your account will have 250+15 = 265 dollars in it. This is assuming no deposits or withdrawals are made within the 2 year period. </SPAN>\n" );
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