document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=623880>Question 623880</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Frederick needs to borrow $3000 for a down payment on a new car. His uncle decided to loan him the money as a 3.5% simple interest loan. Frederick doesn’t want to pay more than $210 in interest. How many years does Frederick have to pay back the loan with interest? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #392435 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><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=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=392435\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 3000 * .035 = 105 interest each year.<BR>\n" );
document.write( "210 / 105 = 2<BR>\n" );
document.write( "he can take as many as 2 years to pay the loan.<BR>\n" );
document.write( "3000 * .035 * 2 = 210<BR>\n" );
document.write( " </SPAN>\n" );
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