document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=466103>Question 466103</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Cole’s student loans totaled $31,000. One of his loans was at 2.8% simple interest and the other at 4.5%.  After one year, Cole owed $1024.40 in interest.  What was the amount of each loan? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #319568 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=319568\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 0.028x+0.045(31000-x)=1024.40<BR>\n" );
document.write( "0.028x+1395-0.045x=1024.40<BR>\n" );
document.write( "-0.017x=-370.60<BR>\n" );
document.write( "x=$21,800 at 2.8%<BR>\n" );
document.write( "31000-21800=$9,200 at 4.5% </SPAN>\n" );
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