document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1079671>Question 1079671</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A loan of $7,000 was repaid at the end of 10 months with a check for $7,470. What simple interest rate was charged? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #693903 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=693903\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> i=prt<BR>\n" );
document.write( "470=7000*5/6*r<BR>\n" );
document.write( "470/(7000*5/6)=r=8.06% </SPAN>\n" );
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