Mathematics, 27.01.2022 07:10 ayoismeisalex

Ken pays 7% interest on his $46,000 college loan and 6% interest on his $16,000 car loan. What average interest rate does he pay on the total $62,000 he owes? Round your answer to the nearest tenth of a percent.

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Ken pays 7% interest on his $46,000 college loan and 6% interest on his $16,000 car loan. What avera...