SOLUTION: An individual has two low-interest loans, one at 4% interest and the other at 6% interest. The amount borrowed at 6% is $250 more than the amount borrowed at 4%. If the total inter
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-> SOLUTION: An individual has two low-interest loans, one at 4% interest and the other at 6% interest. The amount borrowed at 6% is $250 more than the amount borrowed at 4%. If the total inter
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Question 535052: An individual has two low-interest loans, one at 4% interest and the other at 6% interest. The amount borrowed at 6% is $250 more than the amount borrowed at 4%. If the total interest for one year is $165, how much money is borrowed at each rate? Answer by mananth(16946) (Show Source):
