document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1205791>Question 1205791</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A payday loan company charges a $65 fee for a $700 payday loan that will be repaid in 10 days.\r<BR>\n" );
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document.write( "Treating the fee as interest paid, what is the equivalent annual interest rate? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #842822 by </B><A HREF=/tutors/aboutme.mpl?userid=MathLover1><B>MathLover1(20850)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=MathLover1><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=MathLover1><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=842822\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=65%2F700+=13%2F140+=9.3 ALIGN=MIDDLE  ALT=\"65%2F700+=13%2F140+=9.3\"   DISABLED_style= \"max-width:90%; height:auto;\" >% interest for ten days\r<BR>\n" );
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document.write( "depending on your rules a year could be <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=365 ALIGN=MIDDLE  ALT=\"365\"   DISABLED_style= \"max-width:90%; height:auto;\" > or <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=360 ALIGN=MIDDLE  ALT=\"360\"   DISABLED_style= \"max-width:90%; height:auto;\" > days\r<BR>\n" );
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document.write( "then, there is <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=365%2F10=36.5 ALIGN=MIDDLE  ALT=\"365%2F10=36.5\"   DISABLED_style= \"max-width:90%; height:auto;\" > ten day periods in a year, the interest rate equals<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=36.5%2A9.3=339.45 ALIGN=MIDDLE  ALT=\"36.5%2A9.3=339.45\"   DISABLED_style= \"max-width:90%; height:auto;\" >%\r<BR>\n" );
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document.write( "or\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=360%2F10=36 ALIGN=MIDDLE  ALT=\"360%2F10=36\"   DISABLED_style= \"max-width:90%; height:auto;\" > ten day periods in a year, the interest rate equals<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=36%2A9.3=334.8 ALIGN=MIDDLE  ALT=\"36%2A9.3=334.8\"   DISABLED_style= \"max-width:90%; height:auto;\" >%\r<BR>\n" );
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document.write( " </SPAN>\n" );
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