jonzyjones308 jonzyjones308

27-11-2017
Mathematics

contestada

Erica’s two student loans total $4,000. One loan is at 3% simple interest and the other is at 4%. After 1 year, Erica owe’s $150 in interest. What is the amount of each loan?

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nicholastinker2 nicholastinker2

29-11-2017

I=prt,,i=12000*3*0.15=5400

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