bethschu01 bethschu01
  • 22-11-2019
  • Mathematics
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Beth took out a $20,000 loan for college. She is borrowing money from two banks. Bank A charges an interest rate of 8.5% and bank B charges an interest rate of 10.5% after one year, Alice owes $1,860 in interest. How much money did she borrow from Bank A

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fga2002
fga2002 fga2002
  • 22-11-2019

Answer: $12,000 was borrowed from bank

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