After four years in college, Josie owes $6000 in student loans. The interest rate on the federal loans is 3% and the rate on the

Question

After four years in college, Josie owes $6000 in student loans. The interest rate on the federal loans is 3% and the rate on the private bank loans is 3.6%. The total interest she owes for one year was $204.00. What is the amount of each loan?
Federal loan at 3% account = $
Private bank loan at 3.6% account = $

Kunduz · Accepted Answer

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