document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1023021>Question 1023021</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A bank offer simple interest on a certificate of deposit. Jamie invests $500 and after one year earns $40 in interest. What was the interest rate on the certificate of deposit?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #638645 by </B><A HREF=/tutors/aboutme.mpl?userid=Cromlix><B>Cromlix(4381)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Cromlix><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=Cromlix><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=638645\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Hi there,<BR>\n" );
document.write( "If Jamie invests $500 and after one <BR>\n" );
document.write( "year earns $40 then:-<BR>\n" );
document.write( "40/500 x 100 = 8%<BR>\n" );
document.write( "8% is the interest rate.<BR>\n" );
document.write( "Hope this helps :-) </SPAN>\n" );
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