document.write( "Question 113664: Ms. Jefferson has been given a loan of $20,000 for 1 year. If the interest charged is $800, what is the interest rate on the loan? \n" ); document.write( "
Algebra.Com's Answer #82807 by checkley71(8403) ![]() You can put this solution on YOUR website! 800/20,000=.04=4% IS THE INTEREST RATE. \n" ); document.write( " |