Description of this paper

Loading

A student takes out two loans totaling $13,000to help pay for-(Answered)

Description

Step-by-step Instant Solution


Question

A student takes out two loans totaling $13,000to help pay for college expenses. One loan is at5% simple interest, and the other is at10% simple interest. The first-year interest is $850. Find the amount of the loan at10%.

 

Paper#9256169 | Written in 27-Jul-2016

Price : $16
SiteLock