Please help with word problem involving percents!!!!

[JDuncan]

I need help starting this word problem involving percents:

"A couple decided to invest $5,000 in a 5% bank account for 6 months (not 6 years). What is the interest income?"


Any help on this would be greatly appreciated!

 

[Denis]

5000 * .05 = 1 year; finish it.

 

[JDuncan]

Thank you very much!

That seemed way too simple, I feel like an idiot now.

 

[mmm4444bot]

... I feel like an idiot ...

We are all fools.

The only difference is that some of us know it.