document.write( "Question 1195158: Margo borrows $100, agreeing to pay it back with 8% annual interest after 18 months. How much interest will she pay?\r
\n" ); document.write( "\n" ); document.write( "Round your answer to the nearest cent, if necessary. \n" ); document.write( "

Algebra.Com's Answer #827552 by ikleyn(52814) $\"\"$ $\"About$

You can put this solution on YOUR website!
.
\n" ); document.write( "Margo borrows $100, agreeing to pay it back with 8% annual interest after 18 months.
\n" ); document.write( "How much interest will she pay?
\n" ); document.write( "Round your answer to the nearest cent, if necessary.
\n" ); document.write( "~~~~~~~~~~~~~~~~~~~~\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "

\r\n" );
document.write( "Simple interest formula is  I = P*r*t =  =  = 12 dollars.\r\n" );
document.write( "\r\n" );
document.write( "\r\n" );
document.write( "ANSWER.  Simple interest after 18 months is 12 dollars.\r\n" );
document.write( "

\r
\n" ); document.write( "\n" ); document.write( "Solved.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "------------------\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "To see many other similar (and different) solved problems on simple interest accounts, look into the lesson\r
\n" ); document.write( "\n" ); document.write( " - Simple interest percentage problems \r
\n" ); document.write( "\n" ); document.write( "in this site.\r
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Learn the subject from there.\r
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( " \n" ); document.write( "

\n" );