document.write( "Question 811122: Kara borrowed $1500 for 5 years. She Paid $435 in interest. What is the interest rate \n" ); document.write( "
Algebra.Com's Answer #488608 by ortarico(23)\"\" \"About 
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Principal = $1,500
\n" ); document.write( "Interest = $435
\n" ); document.write( "Time = 5yrs
\n" ); document.write( "Rate = ?\r
\n" ); document.write( "\n" ); document.write( "R = 100I/PT
\n" ); document.write( "r = (100 x 435)/(1500 x 5)
\n" ); document.write( "r = 43500/7500
\n" ); document.write( "r = 6 1/7% or 6.14%
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