document.write( "Question 504395: Can you please help me solve this? I think the answer is $1030. \r
\n" ); document.write( "\n" ); document.write( "Find the interest on a $2000 loan at 7% for 5 years.
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Algebra.Com's Answer #339585 by mananth(16946)\"\" \"About 
You can put this solution on YOUR website!
I = p*n*r
\n" ); document.write( "p=2000
\n" ); document.write( "n=5
\n" ); document.write( "r=7%=0.07\r
\n" ); document.write( "\n" ); document.write( "I= 2000*5*0.07\r
\n" ); document.write( "\n" ); document.write( "I= $700
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