English

Gideon

6 April, 07:00

Jack took out a $10,000 loan for a car. He is borrowing money from two banks. Bank A charges an interest rate of

5%, and Bank B charges an interest rate of 6%. After one year, Jack owes $530 in interest. How much money did he

borrow from Bank A?

O $5000

O $6000

O $7000

O $8000

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “Jack took out a $10,000 loan for a car. He is borrowing money from two banks. Bank A charges an interest rate of 5%, and Bank B charges an ...” in 📘 English if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

Which is an example of biased reporting? O A. Maps and detailed descriptions are provided. O B. Quotes from a wide range of people are used. O c. Only people from certain groups are interviewed. O D. Sources of information are properly identified.

What does "but his peers are hoping their act of kindness will change his mind" mean in the sentence?

In book 9 homer is using to tell odysseus' story

Which word set completes the following analogy? lope : jog :: A) lull : calm B) miss : attend C) follow : lead D) run : idle

What is the speaker of "the tiger" wondering in the first three stanzas of the poem?

New Questions in English

Which two plot elements in the film The Speckled Band differ from this excerpt from Sir Arthur Conan Doyle's story The Adventure of the Speckled Band?

Read this excerpt and answer the questions below. "Over and over again I have found myself asking: "Who worships here? Who is their God? Where were their voices when the lips of Governor Barnett dripped with words of interposition and nullification?

What is the role of the supernatural in Chapter 14 of the lightning theif

Hamlet, Act 1, scene 1 contains suspense because it

Using what you learned about word origins and word parts, match the words to their respective meanings. Tiles compulsive or irrational. modern or current. leaving out. beyond scholastics. preservation or saving up. to break.