document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=666370>Question 666370</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You take out a 1-year, $5,000 loan at 8% simple annual interest. The lender charges you a $250 fee. Thinking of the fee as additional interest, what is the actual annual interest rate r you will pay?<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #414420 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><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=414420\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 250/5000=0.05=5%<BR>\n" );
document.write( "0.08+0.05=0.13=13% </SPAN>\n" );
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