document.write( "Question 1135653: Tom found a certificate of deposit that paid 5.5% interest per year if you put 25,000 in this CD and leaves it in the bank for four years how much interest did he earn? \n" ); document.write( "
Algebra.Com's Answer #753316 by greenestamps(13203)\"\" \"About 
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\n" ); document.write( "Re-post, making it clear what the problem is.

\n" ); document.write( "(1) Are YOU putting the money in the CD, or is Tom? If YOU are -- as the statement of the problem says -- then YOU earn whatever interest there is; Tom earns none.

\n" ); document.write( "(2) The wording \"5.5% interest per year\" SUGGESTS simple interest rather than compound interest; but we don't know for sure. Specify simple or compound interest.
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