document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=877610>Question 877610</A>: <I><SPAN STYLE=\"word-break: break-all;\"> if a person invests 1000 at an annual rate of 5%, how much interest will the person have after one year  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #529438 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=529438\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Assuming simple interest\r<BR>\n" );
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document.write( "I = P*r*t<BR>\n" );
document.write( "I = 1000*0.05*1<BR>\n" );
document.write( "I = 50\r<BR>\n" );
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document.write( "They've earned $50 in interest alone. \r<BR>\n" );
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document.write( "They will have 1000+50 = <font color=\"red\">$1,050</font> in the account after 1 year. </SPAN>\n" );
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