SOLUTION: can you help me with this question please? If mike's total loan amount is 16,200 and 5% of his loan came from perkins and 4% of his loan came from stafford, mike accrued $715.00 in

Question 387863: can you help me with this question please? If mike's total loan amount is 16,200 and 5% of his loan came from perkins and 4% of his loan came from stafford, mike accrued $715.00 in interest the first year, so how much was each loan? Thank you Shelly
Answer by ankor@dixie-net.com(22740) (Show Source): You can put this solution on YOUR website!
If mike's total loan amount is 16,200 and 5% of his loan came from perkins and 4% of his loan came from stafford, mike accrued $715.00 in interest the first year, so how much was each loan?
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If you still need help on this, let me know, ankor@att.net
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