document.write( "Question 403690: Mary two student loans total $9000. One loan is at 5% simple interest and the other is at 6% simple interest. At the end of 1 yr, Mary owes $492 in interest. What is the amount of each loan? \n" ); document.write( "
Algebra.Com's Answer #285452 by mananth(16946)![]() ![]() You can put this solution on YOUR website! Mary two student loans total $9000. One loan is at 5% simple interest and the other is at 6% simple interest. At the end of 1 yr, Mary owes $492 in interest. What is the amount of each loan?\r \n" ); document.write( "\n" ); document.write( "Mary two student loans total $9000. \n" ); document.write( " 5% simple interest------------$x \n" ); document.write( " 6% simple interest. -----------9000-x \n" ); document.write( "$492 in interest.\r \n" ); document.write( "\n" ); document.write( ".. \n" ); document.write( "5x+6(9000-x)=492*100 \n" ); document.write( "5x+54000-6x=49200 \n" ); document.write( "-x=-54000+49200 \n" ); document.write( "-x=-4800 \n" ); document.write( "x=$4800====> 5% \n" ); document.write( "balance $4200 at 6% \n" ); document.write( " \n" ); document.write( " |