SOLUTION: a student has two loans totaled 45,000. the interset on one loan is 5.1% and the interest of the other loan is 3.8%. after one year, the student has paid $1953.10 in interest. what

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Question 462485: a student has two loans totaled 45,000. the interset on one loan is 5.1% and the interest of the other loan is 3.8%. after one year, the student has paid $1953.10 in interest. what was the amount of each loan?
Answer by rwm(914) About Me  (Show Source):
You can put this solution on YOUR website!
x+y=45000
.051*x+.038*y=1953.10