Math Algebra

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?

1. 👍 0
2. 👎 0
3. 👁 92
1. X*.028+Y*.045=1024.40
X+Y= 31000

1. 👍 0
2. 👎 0

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