document.write( "Question 1195150: A sum of $5000 was taken as a loan. After 1 year the money grew to $5500 by compounding annually. What was the rate of interest per annum? \n" ); document.write( "
Algebra.Com's Answer #827533 by josgarithmetic(39617)\"\" \"About 
You can put this solution on YOUR website!
\"Take out a loan and the money grew\"??\r
\n" ); document.write( "\n" ); document.write( "difference, $500\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\"500%2F5000=0.1\"
\n" ); document.write( "\"10%2Apercent\"
\n" ); document.write( "
\n" );