February 19, 2017

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?

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