document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1015221>Question 1015221</A>: <I><SPAN STYLE=\"word-break: break-all;\"> plz solve this\r<BR>\n" );
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document.write( "Indira paid interest charges of $158.07 on a $4,790 invoice that was two months overdue.What monthly rate of simple interest was she charged? (Round your answer to 2 decimal places.)\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #631590 by </B><A HREF=/tutors/aboutme.mpl?userid=robertb><B>robertb(5830)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=robertb><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=robertb><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=631590\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Use the simple interest formula I = Prt.\r<BR>\n" );
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document.write( "Then substituting, we get 158.07 = (4790)(r)(2) = 9580r\r<BR>\n" );
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document.write( "==><IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=r+=+158.07%2F9580+=+0.0165 ALIGN=MIDDLE  ALT=\"r+=+158.07%2F9580+=+0.0165\"   DISABLED_style= \"max-width:90%; height:auto;\" >\r<BR>\n" );
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document.write( "Therefore, the monthly rate of simple interest is 1.65%. </SPAN>\n" );
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