document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=149384>Question 149384</A>: <I><SPAN STYLE=\"word-break: break-all;\"> PLEASE HELP: I have to find the total amount due for each simple interest loan for $3125 at 4.81% interest for 10 years. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #109588 by </B><A HREF=/tutors/aboutme.mpl?userid=mangopeeler07><B>mangopeeler07(462)</B></A><img src=\"/images/stars/stars-10.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mangopeeler07><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=109588\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> First figure out what 4.81% of 3125 is.  So set it up as\r<BR>\n" );
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document.write( "x/3125=4.81/100\r<BR>\n" );
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document.write( "Cross multiply<BR>\n" );
document.write( "100x=15031.25\r<BR>\n" );
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document.write( "Divide by 100<BR>\n" );
document.write( "x=150.3125\r<BR>\n" );
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document.write( "In money terms, that is<BR>\n" );
document.write( "$150.31\r<BR>\n" );
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document.write( "Add that to $3125.00 ten times<BR>\n" );
document.write( "3125+10(150.31)<BR>\n" );
document.write( "3125+1503.10=4628.10\r<BR>\n" );
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document.write( "Amount due: $4628.10 </SPAN>\n" );
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