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timurjin [86]
3 years ago
5

The question is in the pic.

Mathematics
2 answers:
masya89 [10]3 years ago
5 0

Answer:

the answer is $100

because if the bank is loosing 2% they are having to pay $20 bc 0.02 x 1,000= 20, and they are earning 12% they getting 120 bc 0.12 x 1,000 = 120, and 120-20= $100. you have to subtract the $20 because that is what the bank is paying, so it's losing money

vodka [1.7K]3 years ago
4 0

Answer:

$100

$120 in and $20 out

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

we know that

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in this problem we have

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substitute in the formula above

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substitute in the formula above

I=(7,000-x)(0.05*1)

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Remember that

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Step-by-step explanation:

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