document.write( "Question 1085411: Ann deposits $6000 into an account that pays simple interest at a rate of
\n" ); document.write( "4% per year. How much interest will she be paid in the first 2 years? \n" ); document.write( "

Algebra.Com's Answer #699494 by Boreal(15235) $\"\"$ $\"About$

You can put this solution on YOUR website!
P=Po(1=r)^t
\n" ); document.write( "=6000*(1.04)^2=6489.60
\n" ); document.write( "$489.60, after subtracting the initial principal. \n" ); document.write( "

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