lyuda926
lyuda926 lyuda926
  • 13-03-2017
  • Business
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Mike wants to purchase an $11,350 car with a loan from a credit union that requires a 20% down payment. what amount will Mike borrow from the credit union?

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Ckaranja
Ckaranja Ckaranja
  • 20-03-2017
He will borrow 80% of the cost of the car.
80/100*11350= $ 9080 
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