document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1167251>Question 1167251</A>: <I><SPAN STYLE=\"word-break: break-all;\"> What is the maximum amount Ginger Logan can borrow today if it must be repaid in 13months with simple interest at 7% and she knows that at the time she will be able to repay no more than ​$44,000​? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #791867 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=791867\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The amount is x<BR>\n" );
document.write( "the interest is x*0.07*13/12=0.075833x that she will have to pay back.<BR>\n" );
document.write( "therefore the amount she will have to pay back, $44000=1.075833x\r<BR>\n" );
document.write( "\n" );
document.write( "x=$40898.53<BR>\n" );
document.write( " </SPAN>\n" );
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