You borrow the following from yourfriends $1,400 from John and$600 from Mary Joh A $2,000 B $70 C 15 00 D 6 50 n charges you5 and Mary charges you10 What is your combinedbefore tax cost of borrowing from yourfriends

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. You borrow the following from yourfriends: $1,400 from John and$600 from Mary. Joh A. $2,000 B. $70 C. 15.00% D. 6.50% n charges you5%

. You borrow the following from yourfriends: $1,400 from John and$600 from Mary. Joh

$2,000

$70

15.00%

6.50%

n charges you5% and Mary charges you10%. What is your combinedbefore-tax cost of borrowing from yourfriends?

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