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21 October, 13:52

5 A bank's cost to issue a loan, in dollars,

is c = 200 + 0.03b, where b is the

amount of the loan. If the bank's revenue

from the loan is r = 0.07b, then what are

the possible loan amounts that the bank

can offer and have the revenue be greater

than the cost?

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Answers (1)
  1. 21 October, 14:21
    0
    8 billon
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