Solve Mixture Applications with Systems of Equations · Exercise 29
Translate to a system of equations and solve.
After four years in college, Josie owes $65, 800 in student loans. The interest rate on the federal loans is and the rate on the private bank loans is 2%. The total interest she owes for one year was \ 2878.50.$ What is the amount of each loan?
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OpenStax, Intermediate Algebra 2e · §4.3 Solve Mixture Applications with Systems of Equations · Exercise 29
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