document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=40726>Question 40726</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Kareem purchased a leather jacket for $800 with his new credit card. He budgeted $50 a month to pay toward the debt. When he read the fine print on the credit card statement, he saw that for each month he owed a balance, a finance charge of $17.50 would be added. How many months will it take Kareem to pay off the leather jacket? <BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #26149 by </B><A HREF=/tutors/aboutme.mpl?userid=rajagopalan><B>rajagopalan(174)</B></A><img src=\"/images/stars/stars-09.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rajagopalan><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/cgi-bin/show-face.mpl?user=rajagopalan><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=26149\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> monthly budget for jacket 50<BR>\n" );
document.write( "finance charge/month      17.5<BR>\n" );
document.write( "net credit per month = 50-17.5 = 32.5<BR>\n" );
document.write( "cost of jacket = 800<BR>\n" );
document.write( "months to repay = cost/net crdit = 800 / 32.5 = 24 months + 20 dollars<BR>\n" );
document.write( "= 25 months. okay. </SPAN>\n" );
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