document.write( "Question 1176371: Laura deposits Php 10 000 at 6% annual interest. How much interest will it gain in 3 years and 9 months? \n" ); document.write( "
Algebra.Com's Answer #803139 by ikleyn(52814)\"\" \"About 
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document.write( "Use the formula for simple interest\r\n" );
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document.write( "    I = P*r*t\r\n" );
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document.write( "where P is a principal, r is the percentage as decimasl, t is the time in years.\r\n" );
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document.write( "Substitute the given numbers into the formula  P = 10,000,  r = 0.06.  t = 3 \"9%2F12\" = 3 \"3%2F4\" = 3.75.\r\n" );
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document.write( "Then calculate.\r\n" );
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\n" ); document.write( "\n" ); document.write( "To see many other similar solved problems on simple interest accounts,  look into the lesson\r
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