Post a New Question

Math Algebra

posted by .

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 -

    X*.028+Y*.045=1024.40
    X+Y= 31000

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

More Related Questions

Post a New Question