document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1193546>Question 1193546</A>: <I><SPAN STYLE=\"word-break: break-all;\"> How much money in dollars should a person deposit in a 6-months certificate of deposit CD that earns 8% simple interest in order to have $6000 when the CD matures at the end of the 6 months? Round your answer up to the nearest cent. (Enter a number.) </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #825600 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=825600\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> the CD is x<BR>\n" );
document.write( "interest on it over 6 months is .08x*(1/2)=0.04x<BR>\n" );
document.write( "x+0.04x=6000<BR>\n" );
document.write( "1.04x=6000<BR>\n" );
document.write( "x=$5769.23<BR>\n" );
document.write( " </SPAN>\n" );
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