document.write( "Question 961390: Maya deposits
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document.write( "$4000
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document.write( " into an account that pays simple interest at a rate of
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document.write( "3%
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document.write( " per year. How much interest will she be paid in the first
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document.write( "6
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document.write( " years? \n" );
document.write( "
Algebra.Com's Answer #587490 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Maya deposits \n" ); document.write( "$4000 \n" ); document.write( " into an account that pays simple interest at a rate of \n" ); document.write( "3% \n" ); document.write( " per year. How much interest will she be paid in the first \n" ); document.write( "6 \n" ); document.write( " years? \n" ); document.write( "---- \n" ); document.write( "I = P*r*t \n" ); document.write( "Interest = 4000*0.03*6 = 4000*0.18 = $720.00 \n" ); document.write( "------------ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "-------------- \n" ); document.write( " |