document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=54800>Question 54800</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Can someone help me?\r<BR>\n" );
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document.write( "  A principal of $5,000 was invested in a savings account for 4 years.  If the interest earned for the period was $400, what was the interest rate?\r<BR>\n" );
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document.write( " Thank you,<BR>\n" );
document.write( "  Ashley </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #726496 by </B><A HREF=/tutors/aboutme.mpl?userid=amalm06><B>amalm06(224)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=amalm06><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=amalm06><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=726496\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Use the formula I=prt, where I is the interest earned, p is the principle, r is the interest rate, and t is the time period.\r<BR>\n" );
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document.write( "Then I=prt\r<BR>\n" );
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document.write( "     <BR>\n" );
document.write( "     400=5000*r*4\r<BR>\n" );
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document.write( "Solve for r and express as a percent: r=2% (Answer)  </SPAN>\n" );
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