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15 2) Franco borrows a total of $5.000 in student loan from two lenders. One charges 4.1% simple interest and the other charges 6.1% simple interest. He is not required to pay off the principal for 3 yr. However, at the end of 3 yr, he will owe a total of $825.00 for interest from both loans. How much did he borrow from each lender? 0.723 4,1% 4,7.x. 3 4.2 100 825 6.2 3 C.1 (50or). 3 C.27 o, 042 4.2 Oo62 S.2 100 1 12-005)7900 305 0.061.3 3 il

15 2) Franco borrows a total of $5.000 in student loan from two lenders. One charges 4.1% simple interest and the other charges 6.1% simple interest. He is not required to pay off the principal for 3 yr. However, at the end of 3 yr, he will owe a total of $825.00 for interest from both loans. How much did he borrow from each lender? 0.723 4,1% 4,7.x. 3 4.2 100 825 6.2 3 C.1 (50or). 3 C.27 o, 042 4.2 Oo62 S.2 100 1 12-005)7900 305 0.061.3 3 il

Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 8P
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15 2) Franco borrows a total of $5.000 in student loan from two lenders. One charges 4.1% simple interest and the other charges 6.1% simple interest. He is not required to pay off the principal for 3 yr. However, at the end of 3 yr, he will owe a total of $825.00 for interest from both loans. How much did he borrow from each lender? 0.723 4,1% 4,7.x. 3 4.2 100 825 6.2 3 C.1 (50or). 3 C.27 o, 042 4.2 Oo62 S.2 100 1 12-005)7900 305 0.061.3 3 il
Transcribed Image Text:15 2) Franco borrows a total of $5.000 in student loan from two lenders. One charges 4.1% simple interest and the other charges 6.1% simple interest. He is not required to pay off the principal for 3 yr. However, at the end of 3 yr, he will owe a total of $825.00 for interest from both loans. How much did he borrow from each lender? 0.723 4,1% 4,7.x. 3 4.2 100 825 6.2 3 C.1 (50or). 3 C.27 o, 042 4.2 Oo62 S.2 100 1 12-005)7900 305 0.061.3 3 il
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