document.write( "Question 702747: Jonathan borrowed $4000 in two loans. One loan charged 7% interest, and the other charged 1.5% interest. After 1 yr, Jonathan paid $225 in interest. Find the amount borrowed in each loan. \n" ); document.write( "
Algebra.Com's Answer #433130 by ReadingBoosters(3246) ![]() You can put this solution on YOUR website! x + y = 4000; therefore, x = 4000 - y \n" ); document.write( ".07x + .015y = 225 \n" ); document.write( "... \n" ); document.write( "substitute \n" ); document.write( ".07(4000-y) + .015y = 225 \n" ); document.write( "280 - .07y + .015y = 225 \n" ); document.write( "-.055y = 225 - 280 \n" ); document.write( "-.055y = -55 \n" ); document.write( " \n" ); document.write( "x = 4000 - 1000 = \n" ); document.write( "……………………… \n" ); document.write( "Have more math questions? Get them all addressed at once. \n" ); document.write( "HomeworkHelpers@ReadingBoosters.com \n" ); document.write( "for quick, personalized coaching \n" ); document.write( "www.MyHomeworkAnswers.com \n" ); document.write( "--Reading Boosters \n" ); document.write( " \n" ); document.write( " |