document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=359459>Question 359459</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Juanita and carlos borrowed $4800 at a simple interest rate of 11% for a period of 2 years. what was the interest. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #256631 by </B><A HREF=/tutors/aboutme.mpl?userid=CharlesG2><B>CharlesG2(834)</B></A><img src=\"/images/stars/stars-11.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=CharlesG2><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=256631\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Juanita and carlos borrowed $4800 at a simple interest rate of 11% for a period of 2 years. what was the interest.\r<BR>\n" );
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document.write( "formula for simple interest: I = PRT,<BR>\n" );
document.write( "I = interest, P = principal, R = Rate, T = time\r<BR>\n" );
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document.write( "I = 4800 * 0.11 * 2<BR>\n" );
document.write( "I = $1056<BR>\n" );
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