document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=736034>Question 736034</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Hiro took out a $1,600 add on loan for a fly fishing rod that he will pay back in 24 payments of $75.00. Find the interest rate to the nearest percent.\r<BR>\n" );
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document.write( "Dont know even where to begin. Please help. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #449638 by </B><A HREF=/tutors/aboutme.mpl?userid=josmiceli><B>josmiceli(19441)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=josmiceli><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=josmiceli><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=449638\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\">  24 payments of $75.00 is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+24%2A75+=+1800+ ALIGN=MIDDLE  ALT=\"+24%2A75+=+1800+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "So Hiro paid <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+1800+-+1600+=+200+ ALIGN=MIDDLE  ALT=\"+1800+-+1600+=+200+\"   DISABLED_style= \"max-width:90%; height:auto;\" > in interest<BR>\n" );
document.write( "The interest rate is:<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=+200+%2F+1600+=+.125+ ALIGN=MIDDLE  ALT=\"+200+%2F+1600+=+.125+\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "This is 12.5%<BR>\n" );
document.write( "You could call it 12% or 13%<BR>\n" );
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