document.write( "Question 1097233: A loan of $900 was repaid at the end of 12 months with a check of $930. What annual rate of interest was charged? \n" ); document.write( "
Algebra.Com's Answer #711628 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
A loan of $900 was repaid at the end of 12 months with a check of $930. What annual rate of interest was charged?
\n" ); document.write( "----
\n" ); document.write( "Ans: 30/900 = 3/90 = 1/30 = 0.0333 = 3 1/3%
\n" ); document.write( "-----------------------
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( "-----------
\n" ); document.write( "
\n" );