document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=77005>Question 77005</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Business and finance. Paul invested $5000 in a time deposit. What interest will<BR>\n" );
document.write( "he earn for 1 year if the interest rate is 6.5%? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #55250 by </B><A HREF=/tutors/aboutme.mpl?userid=tutorcecilia><B>tutorcecilia(2152)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=tutorcecilia><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=tutorcecilia><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=55250\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Use the formula for simple interest:<BR>\n" );
document.write( "Interest = (Principle)(rate)(time)<BR>\n" );
document.write( "I=Prt<BR>\n" );
document.write( ".<BR>\n" );
document.write( "Plug-in the values and solve for the Interest:<BR>\n" );
document.write( "I=(5,000)(.065)(1) [change the percent to a decimal number]<BR>\n" );
document.write( "I=$325<BR>\n" );
document.write( ".<BR>\n" );
document.write( "check by plugging all of the values back into the original equation:<BR>\n" );
document.write( "I=Prt<BR>\n" );
document.write( "325=(5000)(.065)(1)<BR>\n" );
document.write( "325=325 [checks out]\r<BR>\n" );
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document.write( " </SPAN>\n" );
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