document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=23134>Question 23134</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Sir, pl. help to solve this simple interest question.\r<BR>\n" );
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document.write( "A man borrowed Rs. 80,000 from a bank at rate 7% per annum. After 2 years, he returned Rs. 30,000. How much balance amount he has to pay at the end of 5th year. Ans is Rs. 71700. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #11585 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon%21><B>stanbon!(97)</B></A><img src=\"/images/stars/stars-08.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon%21><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=11585\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Is this what you mean?<BR>\n" );
document.write( "He accumulated simple (not compound) interest on the loan<BR>\n" );
document.write( "for two years at 7% annual rate, then he paid off<BR>\n" );
document.write( "30000 of the combined pricipal and accumulated interest.<BR>\n" );
document.write( "Then he accumulated  7% simple (not compound) interest for <BR>\n" );
document.write( "three years on that remaining balance and finally paid<BR>\n" );
document.write( "off the entire accumulated balance?<BR>\n" );
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document.write( "If your answer to this question is , yes,  I do not see<BR>\n" );
document.write( "how the answer to the question is 71700.<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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