document.write( "Question 980961: what is the amount of interest earned for one month on 15632.16 at a rate of 10%?
\n" ); document.write( "I am not coming up with any of the multiple choice answers on my test....my email
\n" ); document.write( "address is meinga57@aol.com. Thanks for your help. Sharon
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Algebra.Com's Answer #602033 by josgarithmetic(39615)\"\" \"About 
You can put this solution on YOUR website!
You did not say anything about compounding periods...\r
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\n" ); document.write( "\n" ); document.write( "The 10% rate would be cut into twelve equal parts to give for one month.\r
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\n" ); document.write( "\n" ); document.write( "\"%2810%2F12%29%281%2F100%29\", the rate as A FRACTION.
\n" ); document.write( "\"0.008333333333\", as the fraction.\r
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\n" ); document.write( "\n" ); document.write( "The best that can be found using just the information you give is \"%280.00833333%29%2815632.16%29=130.268\"
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