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71. Alina borrowed a total of $15,000 from two banks to buy a new boat. Because of her excellent credit, one bank charged only 6%
71. Alina borrowed a total of $15,000 from two banks to buy a new boat. Because of her excellent credit, one bank charged only 6% simple interest and the other charged 7% simple interest. AT the end of 5years, the total amount of money she paid in interest was $4750. How much did she borrow at each bank
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New Issues In Financial Institutions Management
Authors: F Fiordelisi, P Molyneux, D Previati
2010th Edition
0230278108, 978-0230278103
