You have two loans, for 2 years each. the total interest for the two loans is $138. on the first loan, you pay 7.5% simple interest on a principle of $800. on the second loan, you pay 3% simple interest.

You have two loans, for 2 years each. the total interest for the two loans is $138. on the first loan, you pay 7.5% simple interest on a principle of $800. on the second loan, you pay 3% simple interest. write an equation used to find the principal for the second loan.

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You have two loans, for 2 years each. the total interest for the two loans is $138. on the first loan, you pay 7.5% simple interest on a principle of $800. on the second loan, y…

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