SOLUTION: 6) John put $1,200 in a savings account. The account earns 3.5% simple interest. At the end of 5 years, John figures he will have earned about $90 in interest.

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: 6) John put $1,200 in a savings account. The account earns 3.5% simple interest. At the end of 5 years, John figures he will have earned about $90 in interest.       Log On

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Question 1129036: 6) John put $1,200 in a savings account. The account earns 3.5% simple interest. At the end of 5 years, John figures he will have earned about $90 in interest.

Answer by ikleyn(52782) About Me  (Show Source):
You can put this solution on YOUR website!
.
Good for John.

What is your question (if you have it ) ?