document.write( "Question 634434: If you purchase an item for $1,292 at an interest rate of 9.8%, and you finished it for 1 year, how much is the amount of add- on interest? Round to the nearest dollar \n" ); document.write( "
Algebra.Com's Answer #399600 by stanbon(75887) ![]() You can put this solution on YOUR website! If you purchase an item for $1,292 at an interest rate of 9.8%, and you financed it for 1 year, how much is the amount of add- on interest? Round to the nearest dollar \n" ); document.write( "---- \n" ); document.write( "One-year interest = 0.098*1292 = $126.62 \n" ); document.write( "================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |