document.write( "Question 1108316: Sam loaned $4,100 to Ralph at a simple interest rate of 0.85% per month. What was the term of the loan, in months, if total interest came to $278.80?\r
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Algebra.Com's Answer #723379 by greenestamps(13200)\"\" \"About 
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\n" ); document.write( "Unfortunately, you got two wrong answers to the problem so far....

\n" ); document.write( "Tutor addingup used 8.5% per month instead of 0.85%; then he interpreted his incorrect answer as years instead of months....

\n" ); document.write( "Tutor teachmath used an interest rate of 0.85% per year instead of per month....

\n" ); document.write( "The interest per month is 0.85% of $4100: \"4100%2A.0085+=+34.85\"

\n" ); document.write( "The number of months for the interest to reach $278.80 is \"278.80%2F34.85+=+8\"

\n" ); document.write( "It take 8 months for the total interest to reach $278.80.
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