Mathematics
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Question 11 of 46 (1 point) Attempt 1 of Unlimited Joe borrowed a total of $5000
Question 11 of 46 (1 point) Attempt 1 of Unlimited
Joe borrowed a total of $5000 from two student loans. One loan charged 3% simple interest and the other charged 2.5% simple
interest, both payable after graduation. If the interest he owed after 5 years was $637.50, determine the amount of principal for
each loan.
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interest, both payable after graduation. If the interest he owed after 5 years was $637.50, determine the amount of principal for
each loan.
Ciarrathereal
4,4(99 marks)
The answer is C both are correct
Step-by-step explanation:
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