Posted by **Ty** on Monday, June 27, 2011 at 3:36pm.

an individual has two low interest loans, one at 4% interest and the other at 6% interest. The amount borrowed at 6% is $250 more than the amount borrowed at 4% If the total interest for one year is $165, how much money is borrowed at each rate

## Answer This Question

## Related Questions

- lehman - Investment A clothing company borrows $700,000. Some of the money is ...
- Math - Interest is a concept familiar to most people: every credit card in ...
- math 1324 - a natural history museum borrowed $2,000,000 at simple annual ...
- math - Jefferson Bank made a loan at 6% interest for 146 days. If the amount of ...
- math - Suppose that you took out a loan at 7% interest for 192 days. If the ...
- algebra - mr.thomas wants to buy a boat. he must make 548 monthly payments to ...
- algebra - mr.thomas wants to buy a boat. he must make 548 monthly payments to ...
- math - Carla Compra borrowed $800 at 14% for one year. She paid a $15 processing...
- math - Karla borrowed $750 at 12 percent for one year. She paid a $20 processing...
- math - Karla borrowed $750 at 12 percent for one year. She paid a $20 processing...

More Related Questions