document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=98820>Question 98820</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How much simple interest will be earned by an account if $500 is invested at 4% annual interest for 1 year </SPAN>\n" );
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document.write( "     let :\r<BR>\n" );
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document.write( "         simple interest = I<BR>\n" );
document.write( "          principal = P<BR>\n" );
document.write( "           rate of interest = R<BR>\n" );
document.write( "            time period = T\r<BR>\n" );
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document.write( "        we know that I =(P*R*T)/T<BR>\n" );
document.write( "              SO, I = (500 * 4 * 1)/100<BR>\n" );
document.write( "              SO, I = 2000/100<BR>\n" );
document.write( "              SO, I = $20    </SPAN>\n" );
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