document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=941083>Question 941083</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Hannah borrowed $51,224 at 6% simple interest for 16 months. How much will the interest amount to? What is the total amount that she will have to pay back at the end of 16 months? Round answers to the nearest cent if necessary. <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 #573639 by </B><A HREF=/tutors/aboutme.mpl?userid=ewatrrr><B>ewatrrr(24785)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ewatrrr><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/cgi-bin/show-face.mpl?user=ewatrrr><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=573639\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 16 months is 1 1/3 years<BR>\n" );
document.write( "I = Prt<BR>\n" );
document.write( "6% = 6/100 = .06<BR>\n" );
document.write( "I = $51,224(.06)(4/3) = $51,224(.08)= $4,097.92<BR>\n" );
document.write( "...<BR>\n" );
document.write( "Estimating our answer(Using 10%): $51,224(.10) = $5122.40 <BR>\n" );
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