subject
Mathematics, 15.02.2021 07:50 tsumugiisama

Michelle borrowed a total of $3000 in student loans from two lenders. One charges 4.8% simple interest and the other charges 6.8% simple interest. She is not required to pay off the principal or interest for four years. However at the end of four years she will owe a total of $616 for the interest from both loans. How much did she borrow from each lender?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 15:30
Iwill make brain if you me correctly fill this out needs due today pls and send it back to me (click the link and you will get it)
Answers: 2
question
Mathematics, 21.06.2019 16:50
Which undefined geometric term is described as a location on a coordinate plane that is designed by an ordered pair (x,y) ?
Answers: 1
question
Mathematics, 21.06.2019 18:30
According to the 2008 u.s. census, california had a population of approximately 4 Ă— 10^7 people and florida had a population of approximately 2 Ă— 10^7 people. which of the following is true? a. the population of florida was approximately two times the population of california. b. the population of florida was approximately twenty times the population of california. c. the population of california was approximately twenty times the population of florida. d. the population of california was approximately two times the population of florida.
Answers: 1
question
Mathematics, 21.06.2019 20:00
An investment decreases in value by 30% in the first year and decreases by 40% in the second year. what is the percent decrease in percentage in the investment after two years
Answers: 1
You know the right answer?
Michelle borrowed a total of $3000 in student loans from two lenders. One charges 4.8% simple intere...
Questions
question
Mathematics, 07.01.2021 14:00
question
History, 07.01.2021 14:00
question
Social Studies, 07.01.2021 14:00
question
Arts, 07.01.2021 14:00