document.write( "Question 98818: How much simple interest will be earned by an account if $500 is invested at 4% annual interest for 1 year \n" ); document.write( "
Algebra.Com's Answer #71937 by malakumar_kos@yahoo.com(315) ![]() You can put this solution on YOUR website! \n" ); document.write( " How much simple interest will be earned by an account if $500 is invested at 4% annual interest for 1 year\r \n" ); document.write( "\n" ); document.write( " S.I = PTR/100 where P = $500 , T = 1 yr and R = 4%\r \n" ); document.write( "\n" ); document.write( " = $500x1x4/100 \n" ); document.write( " = $20 \n" ); document.write( " |