document.write( "Question 191608This question is from textbook
\n" ); document.write( ": I need help with this problem, I am taking elementary algebra in college.
\n" ); document.write( "Jake borrowed $5000 from two different banks. One bank charges 7% simple interest, and other charges 8.5% simple interest. If the total interest payment is $380, how much did he borrow? \n" ); document.write( "
Algebra.Com's Answer #143747 by Mathtut(3670)\"\" \"About 
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let x and y be the amounts borrowed at 7% and 8.5 % interest respectively
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\n" ); document.write( "x+y=5000..........eq1
\n" ); document.write( ".07x+.085y=380....eq 2
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\n" ); document.write( "rewrite eq 1 to x=5000-y and plug this value into eq 2
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\n" ); document.write( ".07(5000-y)+.085y=380
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\n" ); document.write( "350-.07y+.085y=380
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\n" ); document.write( ".015y=30
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\n" ); document.write( "y=2000 dollars at 8.5%
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\n" ); document.write( "x=5000-y=5000-2000=3000 dollars at 7% \n" ); document.write( "
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