document.write( "Question 45865This question is from textbook Finite math
\n" ); document.write( ": Find the interest rate for a simple interest load with P=$1420, I=$306.72, t=3 years. My answer is 7.2% is this right, thanks for checking. \n" ); document.write( "
Algebra.Com's Answer #30445 by AnlytcPhil(1810)\"\" \"About 
You can put this solution on YOUR website!
Find the interest rate for a simple interest load \r\n" );
document.write( "with P=$1420, I=$306.72, t=3 years.  My answer is\r\n" );
document.write( "7.2% is this right, thanks for checking.\r\n" );
document.write( "\r\n" );
document.write( "I = PRT\r\n" );
document.write( "\r\n" );
document.write( "R = I/(PT)\r\n" );
document.write( "\r\n" );
document.write( "R = 306.72/(1420×3) = .0720070423 or 7.2%.\r\n" );
document.write( "\r\n" );
document.write( "Yes you're right!\r\n" );
document.write( "\r\n" );
document.write( "Edwin
\n" ); document.write( "
\n" );