SOLUTION: Danny borrows £500 from two moneylenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for
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Question 1154253: Danny borrows £500 from two moneylenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for the entire year is £186. How much does he borrow at the rate of 12%? Answer by greenestamps(13200) (Show Source):
