document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=199323>Question 199323</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Can someone confirm the solution for me.  Using A=P(1+rt)\r<BR>\n" );
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document.write( "Find the term of a loan of $1,800 at 9.3% if the simple interest is $2,845.80.\r<BR>\n" );
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document.write( "I'm getting t= 6.247   or 6.25 years\r<BR>\n" );
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document.write( "Thank you! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #149791 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><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=149791\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> If the total interest is $2845.80 total and the interest per year is 1800x0.093=167.40<BR>\n" );
document.write( "2845.80/167.40=17 yrs.<BR>\n" );
document.write( "If the total interest is 2845.80-1800=1045.80<BR>\n" );
document.write( "then 1045.80/167.40=6.25 yrs<BR>\n" );
document.write( "Your answer does not fit your question. </SPAN>\n" );
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