document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=65937>Question 65937</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Louie borrowed $525.00 to buy some stereo speakers. The store charges 7.03% simple interst. How much interest will Louie owe if he borrows the money for 2 years?\r<BR>\n" );
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document.write( "Answer Choices:\r<BR>\n" );
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document.write( "A)$36.91<BR>\n" );
document.write( "B)$73.82<BR>\n" );
document.write( "C)$74.68<BR>\n" );
document.write( "D)$369.08 </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #46690 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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=46690\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Louie borrowed $525.00 to buy some stereo speakers. The store charges 7.03% simple interst. How much interest will Louie owe if he borrows the money for 2 years?<BR>\n" );
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document.write( "2(525)(0.0703)=$73.815<BR>\n" );
document.write( "Rounded to the nearest cent<BR>\n" );
document.write( "=$73.82<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );