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The sympax company has two outstanding loans. The annual rates are 4.25% and 6.5%. The total...

The sympax company has two outstanding loans. The annual rates are 4.25% and 6.5%. The total annual simple interest on the outstanding amount is $2,855.
The amount outstanding at 4.25% is $9000 more than the amount outstanding at 6.5%.
I want to know the amount outstanding at each rate.
A. Set up the system of equations for this situation. Define your variables and circle your system of equations.
B. Solve this problem. Using substitution or elimination.
Math   Algebra   
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