document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=770876>Question 770876</A>: <I><SPAN STYLE=\"word-break: break-all;\"> the owners of a marina bought 9 canoes to be used as rentals at a cost of $800 per canoe. they borrowed 80% of the total cost for 7 months at 11 1/2% interest. find the amount due using simple interest </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #469837 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=469837\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> the owners of a marina bought 9 canoes to be used as rentals at a cost of $800 per canoe. they borrowed 80% of the total cost for 7 months at 11 1/2% interest. find the amount due using simple interest<BR>\n" );
document.write( "-------------<BR>\n" );
document.write( "9*800 = 7200<BR>\n" );
document.write( "-----<BR>\n" );
document.write( "A(7) = 7200 + 7200*(0.115)(7/12) =  $76,752.00<BR>\n" );
document.write( "=====================<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );