document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1102511>Question 1102511</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Patrick invested %5200 for 21 years. At the investment's maturity, it's value was $13280.80 What was the annual simple interest rate?\r<BR>\n" );
document.write( "\n" );
document.write( "A) 155.4% B) 7.4% C) 8.2% D) 2.6% </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #717520 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel1380><B>jorel1380(3719)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel1380><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=jorel1380><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=717520\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 13280.8-5200=8080.80<BR>\n" );
document.write( "8080.80/5200=1.554<BR>\n" );
document.write( "1.554/21=.074, or 7.4% annual interest<BR>\n" );
document.write( "&#9786;&#9786;&#9786;&#9786; </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );