document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=283223>Question 283223</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If I wanted to pay 1/4 of my debt in 12 months, how much would my monthly payment have to be? I owe $48,394.00 with an annual interest rate of 5%.\r<BR>\n" );
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document.write( "what steps would I take in order to solve this problem </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #205630 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=205630\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> I=Prt<BR>\n" );
document.write( "I=48394*.05*4<BR>\n" );
document.write( "I=9678.80<BR>\n" );
document.write( "48394+9678.80=58072.80/4=14518.20/12=$1209.85 per mo </SPAN>\n" );
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