document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=251920>Question 251920</A>: <I><SPAN STYLE=\"word-break: break-all;\"> a $14,500.00, 11% loan is dated May 17 and is due to be repaid on August 17.  Assuming ordinary time, what is the ordinary interst on the loan? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #183701 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=183701\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=P(1+r/n)^t<BR>\n" );
document.write( "A=14500(1.0275)^.25<BR>\n" );
document.write( "A=14500(1.0068)<BR>\n" );
document.write( "A=14598.60<BR>\n" );
document.write( "interest = $98.60 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );