document.write( "Question 862804: A loan is being repaid with 10 installments. The principal portion of the seventh payment is $110.25 and the interest portion is $39.75. What annual effective rate of interest is being charged? My book has the answer of 8%. GOD BLESS YOU! \n" ); document.write( "
Algebra.Com's Answer #520018 by Alan3354(69443)\"\" \"About 
You can put this solution on YOUR website!
If you want help from god, ask for it (and good luck with that).
\n" ); document.write( "If you want help with math, there's no need to mention god(s).
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