document.write( "Question 217299: A credit union loaned out $50,000, part at an annual rate of 5% and the rest at a rate of 8%. They collected combined simple interest of $3400 from the loans that year. How much was loaned out at each rate? \r
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document.write( "I am struggling on how to set this up in the in a table and organizing the facts. Help is greatly appreciated. \n" );
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Algebra.Com's Answer #163875 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! .05x+.08(50000-x)=3400 \n" ); document.write( ".05x+4000-.08x=3400 \n" ); document.write( ".03x=600 \n" ); document.write( "x=20000 \n" ); document.write( "5%=$20,000 \n" ); document.write( "8%=$30,000 \n" ); document.write( " |