subject
Mathematics, 13.02.2020 23:26 thomascoop85

Stuart pays back two student loans over a 4-yr period. One loan charges the equivalent of 3% simple interestand the other charges the equivalent of 5.5% simple interest. If the total amount borrowed was $32,000 andthe total amount of interest paid after 4 yr is $4,640, find the amount borrowed from each loan. a. 8,000 at 3% and 24,000 at 5.5%b. 11,000 at 3% and 21,000 at 5.5%c. 21,000 at 3% and 11,000 at 5.5%d. 24,000 at 3% and 8,000 at 5.5%

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 20.06.2019 18:04
Can i get some on 18,20,& 22? or one of them
Answers: 1
question
Mathematics, 21.06.2019 17:30
How do you find principle and simple interest
Answers: 1
question
Mathematics, 21.06.2019 23:00
How many 3/8s are in 6 plz someone tell me now
Answers: 1
question
Mathematics, 22.06.2019 04:30
7x^2-9x+5=0 find the discriminant and number of real solutions
Answers: 3
You know the right answer?
Stuart pays back two student loans over a 4-yr period. One loan charges the equivalent of 3% simple...
Questions
question
Health, 04.02.2020 02:44
question
Mathematics, 04.02.2020 02:44
Questions on the website: 13722365