document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1145958>Question 1145958</A>: <I><SPAN STYLE=\"word-break: break-all;\"> The question i need help with is <BR>\n" );
document.write( "Morgan loaned $4,500 to Rolf at a simple interest rate of 0.60% per month. What was the term of the loan if the total interest came to $189.00? <BR>\n" );
document.write( "i am having trouble figuring out how to do the question, in class we use p/y c/y N(c/yX# of years) I/y pv pmt and fv to solve this type of question. i have p/y=12, c/y=12, N=? I/y=0.60 pv=4500 pmt=0 and fv=4689 but it is coming up as an error on my calculator to compute N<BR>\n" );
document.write( "if you could help me figure out n that would be very helpful. <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 #767227 by </B><A HREF=/tutors/aboutme.mpl?userid=Alan3354><B>Alan3354(69443)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Alan3354><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=Alan3354><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=767227\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Morgan loaned $4,500 to Rolf at a simple interest rate of 0.60% per month. What was the term of the loan if the total interest came to $189.00? <BR>\n" );
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document.write( "189/4500 = 0.042<BR>\n" );
document.write( "0.042/0.006 = 7 months </SPAN>\n" );
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