document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=992968>Question 992968</A>: <I><SPAN STYLE=\"word-break: break-all;\"> If the simple interest on &#8203;$2000 for 9 years is &#8203;$1620, then what is the interest&#8203; rate? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #612384 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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=612384\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> If the simple interest on &#8203;$2000 for 9 years is &#8203;$1620, <BR>\n" );
document.write( "then what is the interest&#8203; rate?<BR>\n" );
document.write( "------<BR>\n" );
document.write( "I = P*r*t<BR>\n" );
document.write( "----<BR>\n" );
document.write( "1620 = 2000*r*9<BR>\n" );
document.write( "-----<BR>\n" );
document.write( "r = 0.09 = 9%<BR>\n" );
document.write( "----------<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( "---------  </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );