document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1014573>Question 1014573</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Joshua bought a computer at a rent-to-own store. The computer costs 3,000 but Joshua will pay $150 a month for 24months. What is the interest rate per year?  A) 4%. B)8%. C)10%. D)12%. E)13% </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #630854 by </B><A HREF=/tutors/aboutme.mpl?userid=macston><B>macston(5194)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=macston><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=macston><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=630854\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
document.write( "(24 months)($150/month)=$3600<BR>\n" );
document.write( "$3600-$300=$600<BR>\n" );
document.write( "He pays $600 interest over 2 years, or $300 per year.<BR>\n" );
document.write( ".<BR>\n" );
document.write( "($300/$3000)(100%)=10%<BR>\n" );
document.write( ".<BR>\n" );
document.write( "ANSWER: He pays 10% interest per year.<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );