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3 years ago

8

You have two loans, for 2 years each. The total interest for the two loans is $138. On the first loan, you pay 7.5% simple inter

est on a principal of $800. On the second loan, you pay 3% simple interest. What is the principle for the second loan?

2 answers:

slavikrds [6]3 years ago

6 0

The second loan is 8.2%

quester [9]3 years ago

4 0

The second loan is 8.2%

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