A student takes out two loans totaling $5000 to help pay for college expenses. One loan is

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A student takes out two loans totaling $5000 to help pay for college expenses. One loan is at 4% interest and the other is at 3% interest. If the total interest is $173 after 1 year, how much did the student borrow at each interest rate?

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College Algebra With Modeling And Visualization

ISBN: 9780134418049

6th Edition

Authors: Gary Rockswold

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Question Posted: Jun 08, 2023 07:34 AM

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A student takes out two loans totaling $5000 to help pay for college expenses. One loan is

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Let x amount borrowed at 4 and y amount borrowed at 3 t...View the full answer

College Algebra With Modeling And Visualization

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