subject
Mathematics, 04.12.2020 03:10 sjsmith21

Juan borrows a total of $95,500 to pay for medical school. He borrows part of the money from the school whereby he will pay 4.6% simple interest. He borrows the rest of the money through a government grant that will charge him 6.2% 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 $9858 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 16:50
The parabola opens: y=√x-4 (principal square root) up down right left
Answers: 1
question
Mathematics, 21.06.2019 17:00
Three cylinders have a volume of 2836 cm^3. cylinder a has a height of 900 cm. cylinder b has a height of 225 cm. cylinder c has a height of 100 cm. find the radius of each cylinder. use 3.14 as an approximate for Ο€
Answers: 1
question
Mathematics, 21.06.2019 17:30
For each proportion find the unknown number x 1/5/8=Γ—/15
Answers: 1
question
Mathematics, 21.06.2019 22:30
50 points~ ! i have to turn this in tomarrow
Answers: 2
You know the right answer?
Juan borrows a total of $95,500 to pay for medical school. He borrows part of the money from the sch...
Questions
question
Mathematics, 22.02.2021 21:00
question
Mathematics, 22.02.2021 21:00
Questions on the website: 13722367