document.write( "Question 474580: To buy both a new car and new house Tina sought two loans totaling $260,394
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document.write( "The simple interest rate on the first loan was 3.7percent
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document.write( "The interest rate on the second loan was 8.8 percent. At the end of the first year
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document.write( "Tina paid a combined interest payment of $22,611.73. what was the amounts of the two loans? \n" );
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Algebra.Com's Answer #325469 by jorel1380(3719)![]() ![]() You can put this solution on YOUR website! m+n=260394 \n" ); document.write( ".037m+.088n=22611.73 \n" ); document.write( "37m+88n=22611730 \n" ); document.write( "37m+37n=9634578 \n" ); document.write( "51n=12977152 \n" ); document.write( "n=25443.96 \n" ); document.write( "m=234950.04 \n" ); document.write( "Tina's first loan was for $234950.04. Her second loan was for $25443.96.. \n" ); document.write( " |