subject
Mathematics, 19.03.2021 01:00 kifeak2002

Juan borrows a total of $78,000 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 6.5% interest. In both cases, he is not required to pay off the principal or interest during his 4 years of medical school. However, at the end of 4 years, he will owe a total of $16,062 for the interest from both loans. How much did he borrow from each source?​

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 13:00, reyesmtz5414
Select the correct answer from each drop down menu
Answers: 1
image
Mathematics, 21.06.2019 15:00, mckennacwilliams
Suppose a ball is dropped fromca height of 6ft. it bounces back up but time it bounces, it reaches only 7/10 of its pervious height. what is the total of each height that the ball reaches after 5 bounces
Answers: 1
image
Mathematics, 21.06.2019 23:30, Dragonskeld
Is the underlined participial phrase correctly placed or misplaced? i smelled each and every flower strolling through the garden. a. correctly placed participial phrase b. misplaced participial phrase
Answers: 2
image
Mathematics, 21.06.2019 23:40, supermimi8078
The bolo cavern outside of vandalia is 421 ft below sea level. a little more than75 miles away. mt owens is 7295 feet above sea level. what is the difference in elevation between the bolo cavern and mt owens?
Answers: 1
You know the right answer?
Juan borrows a total of $78,000 to pay for medical school. He borrows part of the money from the sch...

Questions in other subjects:

Konu
History, 13.01.2021 19:20
Konu
Chemistry, 13.01.2021 19:20