document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1194762>Question 1194762</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You take out a loan of $15,000 to purchase a car.\r<BR>\n" );
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document.write( "If your loan is for 3 years at a simple interest rate of 10.5%, find out how much interest and the total amount paid for the loan. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #827335 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=827335\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> I=prt<BR>\n" );
document.write( "I=15000*0.105*3=$4725 interest paid<BR>\n" );
document.write( "total amount paid back is that plus the original loan or $19,725. </SPAN>\n" );
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