document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=551865>Question 551865</A>: <I><SPAN STYLE=\"word-break: break-all;\"> explain how to find the intrest rate when the simple interest is $360,the principal is $1600 and the time is 6 years. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #359979 by </B><A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><B>jim_thompson5910(35256)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jim_thompson5910><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=359979\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> I=Prt\r<BR>\n" );
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document.write( "360=1600r(6)\r<BR>\n" );
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document.write( "360=9600r\r<BR>\n" );
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document.write( "360/9600=r\r<BR>\n" );
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document.write( "0.0375=r\r<BR>\n" );
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document.write( "r = 0.0375\r<BR>\n" );
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document.write( "So the interest rate is 3.75% (3 and 3 quarters percent) </SPAN>\n" );
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