document.write( "Question 615959: To buy both a new car and a new house, Tina sought two loans totaling $142,511. the simple interest rate on the first loan was 1.2%, while the simple interest rate on the second loan was 4.6%. At the end of the first year, Tina paid a combined interest payment of $5457.03. What were the amounts of the two loans? \n" ); document.write( "
Algebra.Com's Answer #387398 by richwmiller(17219)![]() ![]() You can put this solution on YOUR website! .012x+.046y=5457.03; \n" ); document.write( "x+y=142511 \n" ); document.write( "x=32308.10, y=110203.00 \n" ); document.write( " |