document.write( "Question 160212: How much interest is charged on a student loan if $7,500 is borrowed for 20 months at a 8.4% annual interest rate? \n" ); document.write( "
Algebra.Com's Answer #118150 by edjones(8007)\"\" \"About 
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.084/12=.007 monthly rate
\n" ); document.write( "7500*.007*20=$1,050.
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