document.write( "Question 1091785: Katherine borrowed $4000 in two loans. One loan charged 7% interest, and the other charged 1.5% interest. After 1 year, Katherine paid $225 in interest. Find the amount borrowed in each loan account. \n" ); document.write( "
Algebra.Com's Answer #706320 by jorel1380(3719) You can put this solution on YOUR website! Let n be the amount borrowed at 7%. Then the amount borrowed at 1.5% would be 4000-n. So: \n" ); document.write( "0.07n+0.015(4000-n)=225 \n" ); document.write( "Solve for n \n" ); document.write( "☺☺☺☺ \n" ); document.write( " |