document.write( "Question 1017633: Ryan deposits
\n" ); document.write( "$300
\n" ); document.write( " into an account that pays simple interest at a rate of
\n" ); document.write( "4%
\n" ); document.write( " per year. How much interest will he be paid in the first
\n" ); document.write( "5
\n" ); document.write( " years?\r
\n" ); document.write( "\n" ); document.write( "braydenkirk2015@gmail.com
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Algebra.Com's Answer #633891 by fractalier(6550)\"\" \"About 
You can put this solution on YOUR website!
Simple interest is found by
\n" ); document.write( "I = Prt
\n" ); document.write( "Here P = $300, r = 0.04, and t = 5 years. Now plug in and get
\n" ); document.write( "I = 300*.04*5 = $60 interest
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