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dlinn [17]
3 years ago
7

Jerry needs some quick cash and decides to pawn his diamond ring, which is appraised at $750. The pawnbroker agrees to give Jerr

y a loan for 15 percent of the ring's appraised
value. What is the amount of the loan the pawnbroker made to Jerry?




Please help
Business
2 answers:
asambeis [7]3 years ago
8 0
The amount of the loan would be 112.50 since the intrest is 15% and it is appraised at 750
GarryVolchara [31]3 years ago
5 0

Answer:

the amount of the loan the pawnbroker made to Jerry is $112.50

Explanation:

In order to find 15% of $750, one method is dividing 750 into 100 to find the value of 1%.

750 ÷ 100 = 7.5

Now we know the value of 1% is $7.50, so all we have to do is multiply that by 15.

7.5 × 15 = 112.5

Therefore, the amount of the loan the pawnbroker made to Jerry is $112.50

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Using examples explain what inputs eBay might be using in conducting its business . What are eBay outputs ?
lawyer [7]
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