document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1148907>Question 1148907</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Billy Thornton borrowed $150,000 at a rate of 7.25% simple interest with interest paid at the end of each month. The bank uses a 360 day year. How much interest would Billy have to pay in a 30 day month? \r<BR>\n" );
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document.write( "A) $904.75<BR>\n" );
document.write( "B) 907.75<BR>\n" );
document.write( "C) 903.25<BR>\n" );
document.write( "D) $909.25<BR>\n" );
document.write( "E) 906.25 </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #770244 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=770244\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> I=prt=15000*0.0725*1/12=$906.25\r<BR>\n" );
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document.write( "E<BR>\n" );
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