document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1040422>Question 1040422</A>: <I><SPAN STYLE=\"word-break: break-all;\"> For a car loan using simple interest at a given&#8203; rate, the amount of interest charged varies jointly with the loan amount&#8203; (also known as the&#8203; principal) and the time of the loan&#8203; (in years). If a $10,000 car loan earns &#8203;$1680 in simple interest over 6 &#8203;years, how much interest will a &#8203;$24,000 car loan earn over 7 &#8203;years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #656184 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><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=656184\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 1680/6=280<BR>\n" );
document.write( "280/10000=0.028=2.8% per year<BR>\n" );
document.write( "24000*0.028*7=4704 </SPAN>\n" );
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