document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1002835>Question 1002835</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Hi, \r<BR>\n" );
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document.write( "I would just like to say thank you in advanced for your help. My question is as follows: \r<BR>\n" );
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document.write( "If I lend my money at 6% simple interest for a given time, I shall receive $720 interest but if I lend it for 3 years longer I shall receive $1800 interest. Find the amount of money and time.\r<BR>\n" );
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document.write( "Thank you again </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #619728 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=619728\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> \r<BR>\n" );
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document.write( "Let the amount you lend be x\r<BR>\n" );
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document.write( "6% foy y years\r<BR>\n" );
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document.write( "interest = 0.06 *x*y=720<BR>\n" );
document.write( "xy = 720/0.06<BR>\n" );
document.write( "xy = 12000.................(1)\r<BR>\n" );
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document.write( "3 years longer\r<BR>\n" );
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document.write( "Amount = x<BR>\n" );
document.write( "time = (y+3) years<BR>\n" );
document.write( "rate = 6%\r<BR>\n" );
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document.write( "1800 = x*(y+3)*0.06\r<BR>\n" );
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document.write( "1800 = (xy+3x)*0.06\r<BR>\n" );
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document.write( "1800/0.06= xy+3x\r<BR>\n" );
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document.write( "30000 = xy+3x...................(2)<BR>\n" );
document.write( "plug xy\r<BR>\n" );
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document.write( "30000-12000=3x\r<BR>\n" );
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document.write( "18000 = 3x\r<BR>\n" );
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document.write( "x=6000 \r<BR>\n" );
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document.write( " </SPAN>\n" );
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