document.write( "Question 47454: A bank loans a total of $7300 to two businesses. The bank charges the first business 5% annual interest, and charges the second business 8% annual interest. At the end of a year, the businesses pay the bank $440 in interest. How much did the bank loan each business?
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Algebra.Com's Answer #31343 by checkley71(8403)![]() ![]() ![]() You can put this solution on YOUR website! .05X+.08(7300-X)=440 OR .O5X+584-.08X=440 OR -.03X=-144 OR .03X=144 OR\r \n" ); document.write( "\n" ); document.write( "X=144/.03 OR X=4800 THEN .05*4800=240 & 7300-4800=2500 OR 2500*.08=200 \r \n" ); document.write( "\n" ); document.write( "THEN 240+200=450 \r \n" ); document.write( "\n" ); document.write( "SO THE BUSINESSES RECEIVED LOANS OF $4800 @ 5% & $2500 @ 8% \n" ); document.write( " |