Mathematics, 28.04.2021 05:40 codyclay
David borrowed a total of $3000 from two student loans. One loan charged 5% simple interest and the other charged 4.5% simple interest, both payable after graduation. If the interest he owed after 5 years was $687.50, determine the amount of principal for each loan.
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David borrowed a total of $3000 from two student loans. One loan charged 5% simple interest and the...
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