document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1112792>Question 1112792</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Chelea took out three loans for a total of $76,000 to start an organic orchard.<BR>\n" );
document.write( "Her business equipment loan was at an interest rate of 11%, the small business loan was at an interest rate of 4%, and her home equity loan was at an interest rate of 5.5%. The total simple interest due on the loans in one year was $4465.<BR>\n" );
document.write( "The annual simple interest due on the home equity was $825 more than the interest on the business equipment loan. How much did she borrow from each source?<BR>\n" );
document.write( "(Im confused over the 5.5 because when I work out the problem I get a fraction)\r<BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #727810 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=727810\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Chelsea took out three loans for a total of $76,000 to start an organic orchard.<BR>\n" );
document.write( "Her business equipment loan was at an interest rate of 11%, the small business loan was at an interest rate of 4%, and her home equity loan was at an interest rate of 5.5%. The total simple interest due on the loans in one year was $4465.<BR>\n" );
document.write( "The annual simple interest due on the home equity was $825 more than the interest on the business equipment loan. How much did she borrow from each source?<BR>\n" );
document.write( "(Im confused over the 5.5 because when I work out the problem I get a fraction)<BR>\n" );
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document.write( "b + s + h = 76000 dollars<BR>\n" );
document.write( "0.11b + 0.04s + 0.055h = 4465 dollars<BR>\n" );
document.write( "-0.11b + 0s   + 0.055h   =  825 dollars<BR>\n" );
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document.write( "b + s + h = 76000<BR>\n" );
document.write( "11b+4s+5.5h = 446500<BR>\n" );
document.write( "-11b + 0 + 5.5h = 82500<BR>\n" );
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document.write( "Use any method you know to solve the system to get:<BR>\n" );
document.write( "b = 12000<BR>\n" );
document.write( "s = 25000<BR>\n" );
document.write( "h = 39000<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
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