SOLUTION: Student loans totaled $2500. Part was made at 3% interest and the rest at 2.5%. After one year, Brandt had accumulated $97.50 in interest. What was the amount of each loan?

SOLUTION: Student loans totaled $2500. Part was made at 3% interest and the rest at 2.5%. After one year, Brandt had accumulated $97.50 in interest. What was the amount of each loan?

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Question 233486: Student loans totaled $2500. Part was made at 3% interest and the rest at 2.5%. After one year, Brandt had accumulated $97.50 in interest. What was the amount of each loan?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!

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