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?
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “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 ...” 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
You Might be Interested in
Lily owes $52000 in student loans for college. If the loan will be repaid in 5.5 years and the interest rate charged is 6.75%, then how much will she pay altogether?
Answers (1)
Simplifying the expression 8x^3 - 10x^2 - 25x / 4x^2 + 5x results in the binomial expression
Answers (1)
Multiply the sum of a number and 3 by the difference of 8 and the number
Answers (1)
Use distributive property to solve 95*524.
Answers (1)
Evaluate the function below for x=2. F (x) = x^3+5x^2+1
Answers (1)
New Questions in Mathematics
Becky spent 2/3 of her piano practice time on her recital piece. If she spent 25 min. on other pieces how many hours did Becky spend practicing
Answers (1)
8sin (0.3x - 3) + 74,
Answers (1)
What is the slope and y-intercept of the linear equation y = 5x - 4? M = ? B = ?
Answers (2)
What is 30/60 simplified and what do you multiply to get that?
Answers (1)
What is the reference angle for the angle with measure 7π6?
Answers (1)