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9 November, 15:16

Sarah has two student loans totaling $12,000. One of loans was @6% simple interest and the other at 3%. After one year, Sarah owed over $585 in interest. What was the amount of each loan

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  1. 9 November, 15:45
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    12000 * 6% * 1 = $720

    12000 * 3% * 1 = $360
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