SOLUTION: A business has two loans totaling $85,000. One loan has a rate of 6% and the other has a rate of 4.5%. This year the business expects to pay $5,025 in interest on the two loans. Ho
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Question 1136651: A business has two loans totaling $85,000. One loan has a rate of 6% and the other has a rate of 4.5%. This year the business expects to pay $5,025 in interest on the two loans. How much is each loan? Answer by ikleyn(52866) (Show Source):
