document.write( "Question 707705: How do you calculate the interest charge on a $5000 balance with your current 16.5% annual interest rate \n" ); document.write( "
Algebra.Com's Answer #435823 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
How do you calculate the interest charge on a $5000 balance with your current 16.5% annual interest rate
\n" ); document.write( "----
\n" ); document.write( "Charge = 0.165*5000 = $825.00 per year
\n" ); document.write( "======================================
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( "
\n" );