document.write( "Question 182329: The total amount of interest on a loan of $6000. for 150 days is $210.50. Using the ordinary interest method what is the rat of interest on the loan rounded to the nearest hundredth? \n" ); document.write( "
Algebra.Com's Answer #136857 by Mathtut(3670)\"\" \"About 
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6000(150/360)r=210.5
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\n" ); document.write( "2499.999r=210.5
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\n" ); document.write( "\"highlight%28r=.0842%29\"*100=8.42%
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