document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1109326>Question 1109326</A>: <I><SPAN STYLE=\"word-break: break-all;\">  Calculate the simple interest earned if a deposit of $ 120,000 is<BR>\n" );
document.write( " left for 15 years at an interest rate of 3% </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #724319 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=724319\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Calculate the simple interest earned if a deposit of $ 120,000 is<BR>\n" );
document.write( "left for 15 years at an interest rate of 3% <BR>\n" );
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document.write( "I = P*r*t<BR>\n" );
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document.write( "I = 120000*0.03*15 = $54000<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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