



(6 pts) Michelle borrows a total of $5000 in student loans from two lenders. Bank A...
Michelle borrows a total of $6000 in student loans from two lenders. One charges 4.4% simple interest and the other charges 6.3% simple interest. She is not required to pay off the principal or interest for 4 yr. However, at the end of 4 yr, she will owe a total of $1246 for the interest from both loans. How much did she borrow from each lender? Part 1 out of 2 Michelle borrowed S at 4.4%