document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1014534>Question 1014534</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A loan company charges $20 interest for a two-month loan of $325. Find the annual interest rate (APR) they are charging. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #630822 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=630822\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> $20 on $325 is =0.0615<BR>\n" );
document.write( "That is 1/6 of a year<BR>\n" );
document.write( "1.0615^6 (do without rounding, however)<BR>\n" );
document.write( "1.4309=43% APR. (43.1% if nearest tenth of a per cent). </SPAN>\n" );
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