document.write( "Question 1155528: Don Glover borrowed $18,000 for 210 days and paid $702.80 in simple interest on the loan. What annual simple interest rate did Don paid on the loan? (Round your answer to the nearest hundredth of a percent) \n" ); document.write( "
Algebra.Com's Answer #853787 by ikleyn(53742)\"\" \"About 
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\n" ); document.write( "Don Glover borrowed $18,000 for 210 days and paid $702.80 in simple interest on the loan.
\n" ); document.write( "What annual simple interest rate did Don paid on the loan?
\n" ); document.write( "(Round your answer to the nearest hundredth of a percent)
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\n" ); document.write( "\n" ); document.write( "        The assignment requires the answer to the nearest hundredth of a percent.\r
\n" ); document.write( "\n" ); document.write( "        @mananth failed this request and rounded differently.\r
\n" ); document.write( "\n" ); document.write( "        See my correct calculations below.\r
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\n" ); document.write( "\n" ); document.write( "Simple Interest = P * r * t\r
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\n" ); document.write( "\n" ); document.write( "P = 18000\r
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\n" ); document.write( "\n" ); document.write( "r = ?\r
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\n" ); document.write( "\n" ); document.write( "t = 210/365 years\r
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\n" ); document.write( "\n" ); document.write( "SI =702.80\r
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\n" ); document.write( "\n" ); document.write( "702.80 = \"18000+%2A+r+%2A+%28210%2F365%29\"\r
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\n" ); document.write( "\n" ); document.write( "r = \"702.80%2F%2818000%2A%28210%2F365%29%29\" = 0.067862963.\r
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\n" ); document.write( "\n" ); document.write( "Rounded to the nearest hundredth of a percent, this value is r = 6.79%.         ANSWER\r
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\n" ); document.write( "\n" ); document.write( "So, @mananth either does not read the assignment to the end, or his code makes rounding
\n" ); document.write( "based on its own rules that @mananth does not control to the end - and then @mananth does not read/look at the output of his code.\r
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\n" ); document.write( "\n" ); document.write( "My conclusion after checking this series of the @mananth solutions is\r
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\n" ); document.write( "\n" ); document.write( "        (1)   that his work is not trustworthy,\r
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\n" ); document.write( "\n" ); document.write( "    and\r
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\n" ); document.write( "\n" ); document.write( "        (2)   He never worked in engineering environment, where reliability of output is critically important.\r
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\n" ); document.write( "\n" ); document.write( "Nobody taught him to check, re-check, cross-check and double-check his output.\r
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