Linda Davis agreed to lend money to Alex Luciano at a special interest rate of 9% per

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Linda Davis agreed to lend money to Alex Luciano at a special interest rate of 9% per year, on the condition that he borrow enough that he would pay her $500 in interest over a two-year period. What was the minimum amount Alex could borrow?

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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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Question Posted: Mar 11, 2016 01:47 AM

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Linda Davis agreed to lend money to Alex Luciano at a special interest rate of 9% per

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