document.write( "Question 236005: A customer purchased a car and financed &16,000. The customer borrowed part of the money from a bank charging 10% annual interest and the rest from a credit union at 8% annual interest. If the total interest for the year was $1390, how much was borrowed from the bank and how much was borrowed from the credit union? \n" ); document.write( "
Algebra.Com's Answer #173763 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! .1x+.08(16000-x)=1390 \n" ); document.write( ".1x+1280-.08x=1390 \n" ); document.write( ".02x=110 \n" ); document.write( "x=$5500 at 10% \n" ); document.write( "$10500 at 8% \n" ); document.write( " \n" ); document.write( " |