Question
Sam borrowed two student loans and owes $26,000 in total on these loans. Last year he paid the total amount of interest of $2,020. Given,
Sam borrowed two student loans and owes $26,000 in total on these loans.
Last year he paid the total amount of interest of $2,020. Given, that the interest rate on the federal loan is 14% and the interest rate on the bank loan is 5% whatwasthe principal for eachloan?
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Concepts In Vector Calculus
Authors: K N P Singh
1st Edition
9353146259, 9789353146252
