Business, 28.01.2020 01:31, ShlomoShekelstein

Franco borrows a total of $5,000 in student loan from two lenders. one charges 4.1% simple interest and the other charges 6.1% simple interest. he is not required to pay off the principal for 3 yr. however, at the end of 3 yr, he will owe a total of $825.00 for interest from both loans. how much did he borrow from each lender?

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Franco borrows a total of $5,000 in student loan from two lenders. one charges 4.1% simple interest...