Mathematics, 16.06.2021 17:40 KaseyT

Michelle borrows a total of $4500 in student loans from two lenders. One charges 3.9% simple interest and the other charges 6.7% simple interest. She is not required to pay off the principal or interest for 4yr. However, at the end of 4y , she will owe a total of $870 for the interest from both loans. How much did she borrow from each lender?

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Michelle borrows a total of $4500 in student loans from two lenders. One charges 3.9% simple interes...

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