[tex]~~~~~~ \textit{Simple Interest Earned Amount} \\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\dotfill & \$8000\\ P=\textit{original amount deposited}\dotfill & \$5000\\ r=rate\to r\%\to \frac{r}{100}\\ t=years\dotfill &2 \end{cases} \\\\\\ 8000=5000[1+(\frac{r}{100})(2)]\implies \cfrac{8000}{5000}=1+\cfrac{r}{50}\implies \cfrac{8}{5}=1+\cfrac{r}{50} \\\\\\ \cfrac{8}{5}-1=\cfrac{r}{50}\implies \cfrac{3}{5}=\cfrac{r}{50}\implies \cfrac{3(50)}{5}=r\implies 30=r[/tex]
