document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=883992>Question 883992</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Interest of $840 was earned in 7 months on a balance of $9000. What is the simple interest rate per annum on the account?<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #533968 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><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=533968\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> I=prt<BR>\n" );
document.write( "840=9000*r*7/12<BR>\n" );
document.write( "840/9000=7/12r<BR>\n" );
document.write( "0.09333=7/12r<BR>\n" );
document.write( "0.0933/(7/12)=r<BR>\n" );
document.write( "0.0933*12/7=r<BR>\n" );
document.write( "0.16=r<BR>\n" );
document.write( "r=16% </SPAN>\n" );
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