document.write( "Question 422144: Mr javier's two students loans total $9000.one loan is at5% simple interest and the other is 6 % simple interest. At the end of the year, Mr Javier owes $492 in interest,what is the amount of each loan? \n" ); document.write( "
Algebra.Com's Answer #294668 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Mr javier's two students loans total $9000. one loan is at 5% simple interest and the other is 6 % simple interest. At the end of the year, Mr Javier owes $492 in interest,what is the amount of each \n" ); document.write( "-------------------------------- \n" ); document.write( "Equations: \n" ); document.write( "f + s = 9000 dollars \n" ); document.write( "--- \n" ); document.write( "0.05f + 0.06s = -492 dollars \n" ); document.write( "--------------------------------- \n" ); document.write( "Multiply thru 1st by 5. \n" ); document.write( "Multiply thru 2nd by 100. \n" ); document.write( "------- \n" ); document.write( "5f + 5s = 5*9000 \n" ); document.write( "5f + 6s = 49200 \n" ); document.write( "---------- \n" ); document.write( "Subtract and solve for \"s\": \n" ); document.write( "s = 4200 (amt. invested at 6%) \n" ); document.write( "--- \n" ); document.write( "Solve for \"f\": \n" ); document.write( "f + s = 9000 \n" ); document.write( "f = 4800 (amt. invested at 5%) \n" ); document.write( "================================= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "=========== \n" ); document.write( " |