document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1170206>Question 1170206</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Raul deposited $3000 into a bank account that earned simple interest each year. After 3.5 years, he had earned $262.50 in interest.\r<BR>\n" );
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document.write( "No money was deposited into or withdrawn from the account.\r<BR>\n" );
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document.write( "What was the annual interest rate?\r<BR>\n" );
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document.write( "Enter your answer in the box. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #795056 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=795056\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> I=prt<BR>\n" );
document.write( "262.5=3000*r*3.5<BR>\n" );
document.write( "r=262.5/10500<BR>\n" );
document.write( "=0.025 or 2.5% </SPAN>\n" );
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