document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1104554>Question 1104554</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Birute deposits $500 in a savings account with a simple interest rate of 1.3%.   How could you use this information to find the interest she would earn in 4 years and determine the percent change in her savings account?<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #720516 by </B><A HREF=/tutors/aboutme.mpl?userid=greenestamps><B>greenestamps(13200)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=greenestamps><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=greenestamps><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=720516\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <br><BR>\n" );
document.write( "The other tutor used compound interest instead of simple interest....<br><BR>\n" );
document.write( "With simple interest of 1.3% for 4 years, the interest is 5.2% of the original amount (1.3%, times 4).<br><BR>\n" );
document.write( "i = p*r*t:  interest equals (principal) times (rate) times (time)<br><BR>\n" );
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document.write( "The amount of interest is $26.<BR>\n" );
document.write( "The percent change in the value of the account is 5.2%. </SPAN>\n" );
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