document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=187539>Question 187539</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The principal is borrowed and the loans future value, A, at the time t is given. Determine the loans simple interest rate, to the nearest tenth of a percent.\r<BR>\n" );
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document.write( "P=$2000,A=$2150,t=1year </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #140547 by </B><A HREF=/tutors/aboutme.mpl?userid=Mathtut><B>Mathtut(3670)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Mathtut><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=140547\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=P(1+rt)<BR>\n" );
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document.write( "2150=2000(1+r(1))<BR>\n" );
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document.write( "150=2000r<BR>\n" );
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document.write( "r=.075<BR>\n" );
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document.write( ".075(100)=7.5% </SPAN>\n" );
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