document.write( "Question 1178837: This is a second submittal for the first problem. Adding the second problem in this submittal.\r
\n" ); document.write( "\n" ); document.write( "1. Thomas Ewing borrowed $100 from a loan company for 12 months. He signed a note to repay the loan at $10 per month. How much interest did he have to pay?\r
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Algebra.Com's Answer #808253 by ikleyn(52803) $\"\"$ $\"About$

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document.write( "He loaned $100,  and payed back 10*12 = 120 dollars.\r\n" );
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document.write( "Everything happened in one year, so the interest is $20  and  the percentage is\r\n" );
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document.write( "     = 20%  per year.      ANSWER\r\n" );
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