Homework Help: Math Algebra

Posted by Gami on Friday, January 29, 2010 at 1:46pm.

Cole’s two student loans totaled $31,000. One of his loans was at 2.8% simple interest and the other at 4.5%. After one year, Cole owed

$1024.40 in interest. What was the amount of each loan?

Math Algebra - bobpursley, Friday, January 29, 2010 at 1:50pm
X*.028+Y*.045=1024.40
X+Y= 31000

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