document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=911280>Question 911280</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Mary deposited $5500 in an account earnings 5.5 % interest. How long will it take for her investment to earn $205 in interest? Round to the nearest day. \r<BR>\n" );
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document.write( "I would like to know how to solve this equation. \r<BR>\n" );
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document.write( "Thank you! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #552991 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=552991\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Mary deposited $5500 in an account earnings 5.5 % interest. How long will it take for her investment to earn $205 in interest? Round to the nearest day.<BR>\n" );
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document.write( "Interest = P*r*t<BR>\n" );
document.write( "205 = 5500*0.055*t<BR>\n" );
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document.write( "t = 0.6777 years<BR>\n" );
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document.write( "t = 0.6777*365 = 247.35 days<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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