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Posted by 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 - , Friday, January 29, 2010 at 1:50pm

    X+Y= 31000

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