document.write( "Question 1135818: A man took out a ​$46,000 construction loan to remodel a house. The loan rate is 8.5​% simple interest per year to be repaid in six months. How much is paid​ back? \n" ); document.write( "
Algebra.Com's Answer #753499 by greenestamps(13200)\"\" \"About 
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\n" ); document.write( "I = prt

\n" ); document.write( "i (interest) = p (principal) * r (annual rate) * t (number of years)

\n" ); document.write( "\"i+=+46000%2A.085%2A0.5\"

\n" ); document.write( "Do that calculation. Then the amount to be paid back is the principal ($46,000) plus the interest.
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