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Paha777 [63]
3 years ago
7

After four years in college, Josie owes $65,800 in student loans. The interest rate on the federal loans is 4.5% and the rate on

the private bank loans is 2%. The total interest she owed for one year was $2,878.50. What is the amount of each loan?
Mathematics
1 answer:
Serga [27]3 years ago
8 0

Answer:

The federal loan is $62,500 and the bank loan is $3,300

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