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Michelle borrowS A TOTAL OF $9500 IN STUDENT LOANS FROM TWO LENDERS. ONE CHARGES 3.6% SIMPLE INTEREST AND THE OTHER CHARGES 5.7 SIMPLE INTEREST. SHE IS NOT REQUIRED TO PAY OFF THE PRINCIPAL OR INTEREST FOR 2 YR. HOWEVER, AT THE END OF 2YR, SHE WILL OWE A TOTAL OF $875 FOR THE INTEREST FROM BOTH LOANS, HOW MUCH DID SHE BORROW FROM EACH LENDER
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Michelle borrowS A TOTAL OF $9500 IN STUDENT LOANS FROM TWO LENDERS. ONE CHARGES 3.6% SIMPLE INTERES...
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