document.write( "Question 233367: Can someone help me how to slove this problem step by step. \"John took out two loans totaling $6,000 to help pay for college expenses. One loan was at 8% simple interest, and the other was at 10%. After one year, the student owed $740 in interest. Find the amount of the loan at 10%. \n" ); document.write( "

Algebra.Com's Answer #172263 by solver91311(24713) $\"\"$ $\"About$

You can put this solution on YOUR website!
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\n" ); document.write( "\n" ); document.write( "Let

represent the amount at 10%. Then

must be the amount at 8%. The amount of interest attributable to the 10% loan would then be

and the amount of interest attributable to the 8% loan would be

. The sum of these two interest amounts is $740, so:\r
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\n" ); document.write( "\n" ); document.write( "Just solve for

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\n" ); document.write( "\n" ); document.write( "John
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