Mathematics
Mathematics, 27.04.2021 21:00, krystalhurst97

David borrowed a total of $10,000 to pay for his final year of graduate school. He borrowed part of the money
through his school with a Perkins loan that charged 5%
simple interest per year and the remainder of the money
from his aunt at a rate of 1.4% simple interest per year.
At the end of the year he paid $428 in interest. How
much did he borrow from each source?

answer
Answers: 1

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David borrowed a total of $10,000 to pay for his final year of graduate school. He borrowed part o...

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