document.write( "Question 976343: Find the simple interest rate if $3,500.00 earned simple interest of $153.13 in 7 months. Round to the nearest tenth of a percent.\r
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Algebra.Com's Answer #597951 by rfer(16322)\"\" \"About 
You can put this solution on YOUR website!
I=Prt
\n" ); document.write( "153.13=3500*r*7/12
\n" ); document.write( "153.13/2041.67=r
\n" ); document.write( "0.075=r
\n" ); document.write( "r=7.5%
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