SOLUTION: Dana borrowed $8000. She borrowed part of the money from a bank that charged 14% /a interest. She borrowed the remainder from her uncle who charged her 5% /a interest. After 1 year
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Dana borrowed $8000. She borrowed part of the money from a bank that charged 14% /a interest. She borrowed the remainder from her uncle who charged her 5% /a interest. After 1 year
Log On
Question 1173956: Dana borrowed $8000. She borrowed part of the money from a bank that charged 14% /a interest. She borrowed the remainder from her uncle who charged her 5% /a interest. After 1 year Dana needed a total of 8850 to repay both loans. How much did she borrow from each source
