document.write( "Question 203571: Can someone please help me with this problem:\r
\n" ); document.write( "\n" ); document.write( "Find the actual interest rate paid, to the nearest tenth, on the simple discount note. \r
\n" ); document.write( "\n" ); document.write( "$27,000; discount rate 7%; length of loan 3 months
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Algebra.Com's Answer #153607 by rfer(16322)\"\" \"About 
You can put this solution on YOUR website!
27000(.07)(.25)=472.5
\n" ); document.write( "472.5/27000=1.8%
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