document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=496044>Question 496044</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Linda took out a simple interest loan for $7,000 at 11% interest for 5 years. How much interest did she have to pay back? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #336353 by </B><A HREF=/tutors/aboutme.mpl?userid=MathTherapy><B>MathTherapy(10552)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=MathTherapy><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=MathTherapy><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=336353\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Linda took out a simple interest loan for $7,000 at 11% interest for 5 years. How much interest did she have to pay back?\r<BR>\n" );
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document.write( "Simple interest = PTR, where P = principal or amount of loan, T = time (in years), and R = interest rate (annual)\r<BR>\n" );
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document.write( "We therefore have: Simple interest = (7,000)(5)(.11) ----- $<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=highlight_green%283850%29 ALIGN=MIDDLE  ALT=\"highlight_green%283850%29\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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