document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=222023>Question 222023</A>: <I><SPAN STYLE=\"word-break: break-all;\"> I need some help in soving this problem..those who are kind-hearted, kindly help me.....thanks in advance..Here it goes....\r<BR>\n" );
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document.write( "A man buys a car priced at P330 000. He agrees to pay each month, beginning one month after the purchase date, P10 000 on the debt plus an interest charge of 1% of the debt outstanding during the month. Find the total amount of interest which the buyer will pay.\r<BR>\n" );
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document.write( "Thanks...i will be very glad to those who will respond. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #166338 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=166338\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=P(1+.01)^33<BR>\n" );
document.write( "A=330000(1.01)^33<BR>\n" );
document.write( "A=330000(1.388690)<BR>\n" );
document.write( "A=458267.73<BR>\n" );
document.write( "i=458267.73-330000=$128,267.73<BR>\n" );
document.write( "1% per mo is 12% per yr </SPAN>\n" );
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