Help with this problem please I am not good with word problems, explaination

Kayla

New member
throughly please? Help with this problem please I am not good with word problems, explaination throughly please?
Student Loans. Cole’s two student loans totaled
$31,000. One of his loans was at 2.8% simple interest
and the other at 4.5%. After one year, Cole owed
$1024.40 in interest. What was the amount of each loan?
 
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