document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1065834>Question 1065834</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Kinisha borrowed $2000 from a credit union at 12% annual interest and borrowed $500 from her aunt at 7% annual interest. What single rate of interest on $2500 results in the same total amount of interest? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #680985 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=680985\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Kinisha borrowed $2000 from a credit union at 12% annual interest and borrowed $500 from her aunt at 7% annual interest. What single rate of interest on $2500 results in the same total amount of interest? <BR>\n" );
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document.write( "Interest Amount:: 2000*0.12 + 500*0.07 = $275<BR>\n" );
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document.write( "Equation:<BR>\n" );
document.write( "Let that interest rate by \"x\"l<BR>\n" );
document.write( "2500*x = 275<BR>\n" );
document.write( "x = 0.11 = 11%<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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