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Laura borrowed a total of $22,000 from two different banks to start a business. One bank charged the equivalent of 4% simple interest, and the
Laura borrowed a total of $22,000 from two different banks to start a business. One bank charged the equivalent of 4% simple interest, and the other charged 5.5% interest. If the total interest after 1 year was $910, determine the amount borrowed from each bank.
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Lets call the amount Laura borrowed from the bank with 4 interest x in dollars and the amount she bo...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
