Ask Question
21 March, 11:45

Sarah has two student loans totaling $12,000. One of loans was @6% simple interest and the other at 3%. After one year, Sarah owed over $585 in interest. What was the amount of each loan

+5
Answers (1)
  1. 21 March, 15:12
    0
    12000 * 6% * 1 = $720

    12000 * 3% * 1 = $360
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Sarah has two student loans totaling $12,000. One of loans was @6% simple interest and the other at 3%. After one year, Sarah owed over ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers