Asked by Suzie Q
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 principal for the second loan?
$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 principal for the second loan?
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