document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=980087>Question 980087</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A & B take equal amount of loan. A pays 8% Interest two times per year while b pays 12% Interest three times per year. After 17 years, B pays 1400 more than that of A. What amount they take the loan at starting? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #601294 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><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=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=601294\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> A=Ao{1+r/n}^nt\r<BR>\n" );
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document.write( "{1+.08/2}^34+1200={1+.12/3}}^51\r<BR>\n" );
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document.write( "1.04^34+ 1200= {1/04}^51<BR>\n" );
document.write( "3.7943 +1200=7.3909\r<BR>\n" );
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document.write( "In other words,<BR>\n" );
document.write( "A for A=3.7943*Ao<BR>\n" );
document.write( "A for B=7.3909*Ao<BR>\n" );
document.write( "3.7943Ao+1400=7.3909Ao, since I need to add $1400 to A to match B.<BR>\n" );
document.write( "1400=3.5967Ao<BR>\n" );
document.write( "Ao=$389.25\r<BR>\n" );
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document.write( "389.25{1.04}^34=$1476.94<BR>\n" );
document.write( "389.25(1.04)^51=2876.93, $1400 more within rounding error.\r<BR>\n" );
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document.write( "The answer is $389.25 </SPAN>\n" );
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