document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=548945>Question 548945</A>: <I><SPAN STYLE=\"word-break: break-all;\"> To buy both a new car and a new house, Tina sought two loans totalling $191,610. The simple interest rate on the first loan was 6.3%, while the simple interest rate on the second loan was 8.8%. At the end of the first year, Tina paid a combined interest payment of $16,681.66. What were the amounts of the two loans?\r<BR>\n" );
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document.write( "How do I set up and answer  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #357321 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16946)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><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/cgi-bin/show-face.mpl?user=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=357321\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Fund A	6.30%		per annum	---x					<BR>\n" );
document.write( "Fund B	8.80%		per annum	---y					<BR>\n" );
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document.write( "x+y=191610	------------------------1				<BR>\n" );
document.write( "6.30%x+	8.80%y=	=$16,681.66			<BR>\n" );
document.write( "Multiply by100							<BR>\n" );
document.write( "6.3x+8.8y=$1,668,166.00		--------2	<BR>\n" );
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document.write( "Multiply (1) by	-6.3						<BR>\n" );
document.write( "we get									<BR>\n" );
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document.write( "-6.3x-6.3y=-1207143.00			<BR>\n" );
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document.write( "Add this to (2)									<BR>\n" );
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document.write( "0x+2.5y=$461,023.00			<BR>\n" );
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document.write( "divide by2.5							<BR>\n" );
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document.write( "y	=		$184,409.20		investment at 	8.80%<BR>\n" );
document.write( "Balance			$7,200.80 		investment at 	6.30%<BR>\n" );
document.write( "CHECK									<BR>\n" );
document.write( "$7,200.80	---------	6.30%	-------	$453.65					<BR>\n" );
document.write( "$184,409.20	-------	8.80%	-------	$16,228.01					<BR>\n" );
document.write( "Total			--------------	$16,681.66\r<BR>\n" );
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document.write( "m.ananth@hotmail.ca					<BR>\n" );
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document.write( " </SPAN>\n" );
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