document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1107885>Question 1107885</A>: <I><SPAN STYLE=\"word-break: break-all;\">  Customer A and customer B each borrowed  $17,000  to purchase a car.  Their annual interest rate is 3.5% in both cases. <BR>\n" );
document.write( "a)Customer A pays back the loan with interest after exactly one year.How much will she have to play back?<BR>\n" );
document.write( "b)Customer B manages to replay the entire loan after three months.How much does she have to pay back?<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #722914 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=722914\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> I=prt<BR>\n" );
document.write( "after 1 year, it is 17000*0.035*1=$595, so $17,595 is paid back.\r<BR>\n" );
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document.write( "after 3 months it is 17000*0.035*0.25=$148.75, since 3 months is a quarter year.  Pay back is $17,148.75 </SPAN>\n" );
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