document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=402676>Question 402676</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Find the simple intrest rate being charged on a loan of $8500 if $3230 in intrest s due when the loan is due in 4 years. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #284804 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=284804\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Find the simple intrest rate being charged on a loan of $8500 if $3230 in intrest s due when the loan is due in 4 years.\r<BR>\n" );
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document.write( "i= prt<BR>\n" );
document.write( "3230=8500*r*4<BR>\n" );
document.write( "r=3230/(8500*4)<BR>\n" );
document.write( "r = 0.095<BR>\n" );
document.write( "=9.5%<BR>\n" );
document.write( " </SPAN>\n" );
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