document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=991283>Question 991283</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The sum of #200 was deposited in the bank,which pays an interest of 7/2% per annum. Find the simple interest amount to be received after 2years. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #611194 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><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=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=611194\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 7/2% is equal to 3.5% which is equal to a decimal equivalent of .035.\r<BR>\n" );
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document.write( "if you take 7/2% and divide it by 100, you get the same thing.\r<BR>\n" );
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document.write( "(7/2) / 100 = (7/2) * (1/100) = 7/200 = .035.\r<BR>\n" );
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document.write( "sinple interest after 2 years is equal to 2 * .035 * 200 = 14.\r<BR>\n" );
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document.write( " </SPAN>\n" );
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