document.write( "Question 203909: Please help me with these two problems:\r
\n" ); document.write( "\n" ); document.write( "Find the actual interest 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 mo.\r
\n" ); document.write( "\n" ); document.write( "$50,000; discount rate 8%; length of loan 6 mo.
\n" ); document.write( "

Algebra.Com's Answer #153852 by rfer(16322)\"\" \"About 
You can put this solution on YOUR website!
1) 21000*.07*.25=$472.50
\n" ); document.write( "2) 50000*.08*.5=$2000.00
\n" ); document.write( "
\n" );