Explore Westonci.ca, the leading Q&A site where experts provide accurate and helpful answers to all your questions. Get quick and reliable solutions to your questions from a community of experienced experts on our platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

After four years in college, Josie owes $65,800 in student loans. The interest rate on the federal loans is 4.5% and the rate on the private bank loans is 2%. The total interest she owes for one year was $2,903.50. What is the amount of each loan?