document.write( "Question 57137: On July 7, a married couple borrowed $2,000 from a finance company so they could take a vacation trip. If the loan was for two months, and the company charged 10% exact interest, find the interest due on this loan. \n" ); document.write( "
Algebra.Com's Answer #39040 by CrazyMan Jr.(21) ![]() You can put this solution on YOUR website! Assuming that the interest is 10% each month, \n" ); document.write( "2000*(2)0.10% = 400\r \n" ); document.write( "\n" ); document.write( "Therefore the loan interest would be $400. $2400 altogether.\r \n" ); document.write( "\n" ); document.write( "J-Man \n" ); document.write( " |