a student takes out two loans totaling 6000 to help pay for college expenses one loan is at 9 si

Name: a student takes out two loans totaling 6000 to help pay for college expenses one loan is at 9 simple interest and the other is at 5 simple interest the first year interest is 380 find the am 44678
Uploaded: 2023-06-01T22:29:24-08:00
Duration: 1 min 50 s
Channel: Numerade
Description: a student takes out two loans totaling 6000 to help pay for college expenses one loan is at 9 simple interest and the other is at 5 simple interest the first year interest is 380 find the am 44678

Question

Ankit Gupta · Answer

Total loan amount is $9 ,000. Let X is amount borrowed at 5 % interest and 9 ,000 minus X is amo

Vipender Yadav · Answer

Now next we&#x27;re going to solve the question number 56 and in this question it is said that Vera&#x27;s

Ian Maurer · Answer

So we have a $5 ,000 gift. And then there&#x27;s two loans, 5 % to nursing. So 5 % nursing, 7 % to bu

Ankit Gupta · Answer

let the amount of lone they carry 2.2% interest in sex and the amount of loan taken at 4.5%. Int

Mukesh Devi · Answer

Now, in this problem, we are given that a student took two loans and the total amount of the two

Question

A student takes out two loans totaling $6000 to help pay for college expenses. One loan is at 9% simple interest, and the other is at 5% simple interest. The first-year interest is $380 . Find the amount of the loan at 5%.

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