document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1127742>Question 1127742</A>: <I><SPAN STYLE=\"word-break: break-all;\"> calculate the simple interest on N14600 from 6th march 2012 to 19th may 2012(inclusive) at 7% p.a </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #744210 by </B><A HREF=/tutors/aboutme.mpl?userid=addingup><B>addingup(3677)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=addingup><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=addingup><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=744210\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Prt = simple interest, where:<BR>\n" );
document.write( "P = principal (in your case 14600)<BR>\n" );
document.write( "r = rate of interest (in your case 7% per annum)<BR>\n" );
document.write( "t = time (in your case it's number of days)<BR>\n" );
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document.write( "Assuming a 365 day year (for interest purposes some countries' banks use 360, if this applies to your country, then replace 365 with 360)<BR>\n" );
document.write( ":<BR>\n" );
document.write( "0.07/365 = 0.0001918 multiply this number times the number of days to find the simple interest  </SPAN>\n" );
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