Posted by
**P.Smith** on
.

Translate the problem into a pair of linear equations in two variables. Solve the equations using either elimination or substitution. State your answer for the specified variable.

A student took out two loans totaling $10,000 to help pay for college expenses. One loan was at 8% simple interest, and the other was at 10%. After one year, the student owed $840 in interest. Find the amount of the loan at 10%.