document.write( "Question 734508: YOU BORROW $15,000 FOR COLLEGE, AT THE ANNUAL INTEREST RATE OF 6%.
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document.write( "CALCULATE THE AMOUNT OF INTEREST DUE 1(ONE) MONTH AFTER YOU MUST BEGIN PAYMENTS.\r
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document.write( "PLEASE HELP, ITS A TEXT BOOK QUESTION, BUT SEEMS MORE INFO. IS NEEDED. ?????
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document.write( "WRITE OUT SOLUTION TO UNCONFUSE ME PLEASE. \n" );
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Algebra.Com's Answer #449004 by rothauserc(4718)![]() ![]() You can put this solution on YOUR website! ok,\r \n" ); document.write( "\n" ); document.write( "6% of $15,000 is $900 of interest annually \n" ); document.write( "so we divide the $900 by 12 months in a year, which equals $75 per month of interest \n" ); document.write( " |