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Nikhil needs some quick cash and decides to pawn his watch, which is appraised at $1450. The pawnbroker agrees to give Nikhil a loan for

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Nikhil needs some quick cash and decides to pawn his watch, which is appraised at $1450. The pawnbroker agrees to give Nikhil a loan for 16 percent of the ring's appraised value. What is the amount of the loan the pawnbroker made to Nikhil? O $412 O $205 $150 $232 A local furniture store hires Savage Creditor Services to collect a debt from Juanita, who has stopped making payments on a bedroom suite she purchased several months ago Juanita still owes the store $3100. If Savage collects the debt, their fee will be 30 percent of the amount collected. How much will Savage earn if they collect the entire debt from Juanita? $750 52500 5930 $250

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