document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1209557>Question 1209557</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Find the simple interest on a $2,159.00 principal, deposited for 6 years at a rate of 3.9%.<BR>\n" );
document.write( "Round to the nearest cent. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #849497 by </B><A HREF=/tutors/aboutme.mpl?userid=CPhill><B>CPhill(1959)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=CPhill><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=CPhill><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=849497\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Here's how to calculate the simple interest:\r<BR>\n" );
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document.write( "*   **Principal:** $2,159.00<BR>\n" );
document.write( "*   **Rate:** 3.9% = 0.039 (in decimal form)<BR>\n" );
document.write( "*   **Time:** 6 years\r<BR>\n" );
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document.write( "Simple Interest = Principal * Rate * Time<BR>\n" );
document.write( "Simple Interest = $2,159.00 * 0.039 * 6<BR>\n" );
document.write( "Simple Interest = $505.206\r<BR>\n" );
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document.write( "Rounding to the nearest cent, the simple interest is $505.21.<BR>\n" );
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