document.write( "Question 1173636: Kathleen has a $610 loan payment due in eight months. What amount of money should she be able to pay today if the interest on her loan is 3.75% per annum?\r
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Algebra.Com's Answer #851951 by ikleyn(52756)\"\" \"About 
You can put this solution on YOUR website!
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\n" ); document.write( "Kathleen has a $610 loan payment due in eight months. What amount of money
\n" ); document.write( "should she be able to pay today if the interest on her loan is 3.75% per annum?\r
\n" ); document.write( "\n" ); document.write( "Equivalent amount =?
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\n" ); document.write( "\n" ); document.write( "The problem is worded incorrectly,  since it does not define the notion/conception  \" today \"  on the timeline.\r
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\n" ); document.write( "\n" ); document.write( "To be correct,  the problem,  in traditional formulation,  should ask\r
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\n" ); document.write( "\n" ); document.write( "         What amount of money should she pay at the maturity day of the loan ?\r
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\n" ); document.write( "\n" ); document.write( "As the problem is presented in the post,  it makes it clear
\n" ); document.write( "to me  (and to anyone)  that its composer is unprofessional  Math writer.\r
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