nnamoko74
nnamoko74 nnamoko74
  • 01-03-2017
  • Mathematics
contestada

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

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russo russo
  • 01-03-2017
the second loan is 8.2%
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rwfire12
rwfire12 rwfire12
  • 01-03-2017
the second loan is 8.2%
Answer Link

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