document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=101731>Question 101731</A>: <I><SPAN STYLE=\"word-break: break-all;\"> hello and thank you for the help.I put were i got before i realized the equations were not working at least i think thats the problem. thank you again.\r<BR>\n" );
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document.write( "Dave borrowed $25000 in total from two banks. The first bank charged him 6% per annum while the second charged 9% per annum. At the end of the first year he paid equal amounts of interest to each bank. Determine the amount borrowed at each rate?<BR>\n" );
document.write( "let x=money borrowed at 6%<BR>\n" );
document.write( "interest at 6% is 6%/100=0.06x<BR>\n" );
document.write( "let y=money borrowed at 9%<BR>\n" );
document.write( "interest at 9% is 9%/100=0.09y\r<BR>\n" );
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document.write( "x+y=25000<BR>\n" );
document.write( "(0.06x=0.09y)100\r<BR>\n" );
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document.write( "x+y=25000<BR>\n" );
document.write( "6x=9y<BR>\n" );
document.write( "9y+y=25000<BR>\n" );
document.write( "10y=25000<BR>\n" );
document.write( "y=2500 </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #73971 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=73971\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Dave borrowed $25000 in total from two banks. The first bank charged him 6% per annum while the second charged 9% per annum. At the end of the first year he paid equal amounts of interest to each bank. Determine the amount borrowed at each rate?<BR>\n" );
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document.write( "Let amt borrowed at 6% be \"x\"; Interest is 0.06x dollars<BR>\n" );
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document.write( "Amt borrowed at 9% is \"25000-x\"; interest is 0.09(25000-x)<BR>\n" );
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document.write( "EQUATION:<BR>\n" );
document.write( "Interest = Interest<BR>\n" );
document.write( "0.06x = 0.09(25000-x)<BR>\n" );
document.write( "6x = 9(25000-x)<BR>\n" );
document.write( "6x = 225000-9x<BR>\n" );
document.write( "15x = 225000<BR>\n" );
document.write( "x = $15000 (amt borrowed at 6%)<BR>\n" );
document.write( "25000=15000=$10000 (amt borrowed at 9%)<BR>\n" );
document.write( "=========================<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( " </SPAN>\n" );
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