document.write( "Question 844977: Frederick needs to borrow $3000 for a down payment on a new car. His uncle decided to loan him the money as a 3.1 simple interest loan. Frederick doesn't want to pay more than $279 in interest. How many years does Frederick have to pay back the loan? \n" ); document.write( "
Algebra.Com's Answer #509032 by ewatrrr(24785)\"\" \"About 
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\n" ); document.write( "Hi,
\n" ); document.write( "3.1 simple interest loan
\n" ); document.write( "\".031%2A3000\" = $93 per year. \"279%2F3%29\" = 3yrs \n" ); document.write( "
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