URGENT HELP PLS simultaneous equations
To start a new company a person borrows 120 000 from a bank.
Under the terms of the loan the company will pay interest on this loan calculated at 14 % per annum on part of the loan and 17%per annum on the remainder and does not have to repay any of the $120000 capital until the second year. If the first year interest bill totalled $18150 how much of the $120000 was borrowed at 14% and how much at 17%