document.write( "Question 1140309: Alice earned interest of $120 from an investment of $1000 for two years. What is the rate of simple interest per year?
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Algebra.Com's Answer #760805 by josmiceli(19441) $\"\"$ $\"About$

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$\"+I+=+P%2Ar%2At+\"$
\n" ); document.write( " $\"+120+=+1000%2Ar%2A2+\"$
\n" ); document.write( " $\"+.12+=+2r+\"$
\n" ); document.write( " $\"+r+=+.06+\"$
\n" ); document.write( "6% annual interest
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