document.write( "Question 1143634: Robert invests $3,250 into a money market account with an annual 1.7% simple interest rate. If he does not add or subtract any money, how much interest will he earn after three years? \n" ); document.write( "

Algebra.Com's Answer #764493 by ikleyn(52781) $\"\"$ $\"About$

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document.write( "For a simple interest account, the interest = A*r*t,\r\n" );
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document.write( "where A is the initial deposit value; r is the annual rate presented as a decimal, and t is the time in years.\r\n" );
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document.write( "In your case  the interest = 3250*0.017*3  dollars.\r\n" );
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document.write( "Use your calculator.\r\n" );
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