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 #699505 by MathTherapy(10552)\"\" \"About 
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\n" ); document.write( "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?
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SIMPLE INTEREST = PTR, where:
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document.write( "P = Principal or amount deposited
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document.write( "T = Time, in years
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document.write( "R = Annual Interest rate
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document.write( "Multiply it yourself. You should get \"highlight_green%28%22%24480%22%29\"
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document.write( "If the money is left in the account for the full term (2 years), then the interest will be COMPOUNDED, and will be more. \n" );
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