To purchase $13,400 worth of lab equipment for his business, Rafael made a down payment of $1900 and took out a business loan for the rest. After 2 years of paying monthly payments of $509.70, he finally paid off the loan.
x
5
?
(a) What was the total amount Rafael ended up paying for the equipment
(including the down payment and monthly payments)?
si
(b) How much interest did Rafael pay on the loan?
si

Sara has been reading about different types of financial grants, including federal pell grants, academic competitiveness grants, smart grants, and teach grants. which statement about these grants is true? filling out a fafsa will not her apply for these grants. she will not have to pay back any funds she receives from these grants. these grants only go to students with less than a 3.0 gpa. she will have to pay back all the funds she receives from these grants.