subject
Mathematics, 11.11.2020 19:20 Shubbs

Juan borrows a total of $69,500 to pay for medical school. He borrows part of the money from the school whereby he will pay 3.7% simple interest. He borrows the rest of the money through a government grant that will charge him 6.5% interest. In both cases, he is not required to pay off the principal or interest during
his 2 years of medical school. However, at the end of 2 years, he will owe a total of $6179 for the interest from both loans. How much did he borrow from each
source?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 21:40
In a survey of 1015 adults, a polling agency asked, "when you retire, do you think you will have enough money to live comfortably or not. of the 1015 surveyed, 534 stated that they were worried about having enough money to live comfortably in retirement. construct a 90% confidence interval for the proportion of adults who are worried about having enough money to live comfortably in retirement.
Answers: 3
question
Mathematics, 22.06.2019 01:00
Two trains leave stations 546 miles apart at the same time and travel toward each other. one train travels at 95 miles per hour while the other travels at 115 miles per hour l. how long will it take for the two trains to meet
Answers: 3
question
Mathematics, 22.06.2019 01:50
:i need some real : a store sells shirts to the public at one pricing scale and wholesale at another pricing scale. the tables below describe the cost, y, of x shirts. (after tables) how do the slopes of the lines created by each table compare? the slope of the public table is 3/4 of the slope of the wholesale table.the slope of the wholesale table is 3/4 of the slope of the public table.the slope of the public table is 12 times greater than the slope of the wholesale table.the slope of the wholesale table is 12 times greater than the slope of the public table.
Answers: 3
question
Mathematics, 22.06.2019 02:30
What is the scale factor of almn to aopq?
Answers: 1
You know the right answer?
Juan borrows a total of $69,500 to pay for medical school. He borrows part of the money from the sch...
Questions
question
Mathematics, 16.09.2021 15:10
question
Mathematics, 16.09.2021 15:10
question
Mathematics, 16.09.2021 15:10
question
Mathematics, 16.09.2021 15:10
question
Mathematics, 16.09.2021 15:10
question
Arts, 16.09.2021 15:20
Questions on the website: 13722360