document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1015940>Question 1015940</A>: <I><SPAN STYLE=\"word-break: break-all;\"> john needed money for college. he borrowed $7500 at 6% simple interest per year. if he paid $180 interest, what was the duration of the loan. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #632319 by </B><A HREF=/tutors/aboutme.mpl?userid=fractalier><B>fractalier(6550)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=fractalier><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=fractalier><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=632319\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The formula for finding simple interest is<BR>\n" );
document.write( "I = prt<BR>\n" );
document.write( "Here we are looking for t, in years, so<BR>\n" );
document.write( "t = I / pr = 180 / (7500)(.06) = 0.4 years </SPAN>\n" );
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