document.write( "Question 1027729: amy opened a savings account with $1,250. The account pays 7.5% simple interest. What is the balance after 3 months? \n" ); document.write( "
Algebra.Com's Answer #642931 by FrankM(1040)\"\" \"About 
You can put this solution on YOUR website!
3 months is 1/4 of a year. \r
\n" ); document.write( "\n" ); document.write( "7.5%/4 = 1.875%\r
\n" ); document.write( "\n" ); document.write( "$1250 * .01875 = $23.44
\n" ); document.write( "
\n" );