document.write( "Question 1151750: A savings account of $3500 is left for 9 months and draws simple interest at a rate of 7%. How much interest is earned? What is the balance in the account at the end of the 9 months? \n" ); document.write( "
Algebra.Com's Answer #773573 by MathLover1(20850)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( "\n" ); document.write( "use equation:\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "given: \n" ); document.write( "\n" ); document.write( " First, converting \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Putting time into years for simplicity, \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Solving our equation:\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The total amount accrued, principal plus interest, from simple interest on a principal of $ \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |