document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=935705>Question 935705</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You deposit $3,000 in a savings account that earns 6% simple interest. How long will it be before you have a total of $3,500? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #568990 by </B><A HREF=/tutors/aboutme.mpl?userid=marroqus><B>marroqus(3)</B></A><img src=\"/images/stars/iconNewId_16x16.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=marroqus><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=568990\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Initial saving s=3000<BR>\n" );
document.write( "Simple interest i=6% (per year)<BR>\n" );
document.write( "Final total F=3500<BR>\n" );
document.write( "Time t=?\r<BR>\n" );
document.write( "\n" );
document.write( "Equation F-s=s*i*t <BR>\n" );
document.write( "t=(F-s)/(s*i)<BR>\n" );
document.write( "t=(3500-3000)/(3000*0.06)<BR>\n" );
document.write( "t=500/180<BR>\n" );
document.write( "t=2.77 years<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );