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3 years ago

13

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?

1 answer:

VikaD [51]3 years ago

6 0

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

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