document.write( "Question 620229: At a rate of 4%, you paid $144.00 in interest over a two-year period. What was the original amount of your loan? \n" ); document.write( "

Algebra.Com's Answer #390015 by ewatrrr(24785) $\"\"$ $\"About$

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document.write( "Hi,
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document.write( " At a rate of 4%, you paid $144.00 in interest over a two-year period. 
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document.write( "What was the original amount of your loan?
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document.write( "  I = P * rate
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document.write( " 144 = P(.04)
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document.write( " 144/.04 = P
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document.write( " $3600 = P \n" );
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