document.write( "Question 911237: Please help me solve this problem. A student has 2 loans totalling $12,000. One of the loans is at 6% and the other is at 9%. If the total interest for both loans for a year is $855. What is the amount of each loan? \n" ); document.write( "
Algebra.Com's Answer #552933 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! .09x + .06($12,000-x) = 855 \n" ); document.write( "x = (855 - 720)/.03, amount at 9% = $4500 \n" ); document.write( "amount at 6% is ($12000-$4500) \n" ); document.write( " |