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  • one year ago

Please help me with a a confusing word problem! Wendy, a loan officer at a bank, has $1,000,000 to lend and is required to obtain an average return of 18% per year. If she can lend at a rate of 19% or at the rate of 16%, how much can she lend at the 16% rate and still meet her requirement?

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  1. marcelie
    • one year ago
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    Hello , do you know how to solve this problem ? Describe all numbers x that are a distance of 6 from the number -3. Can you please find short cut of this problem is there is. Thanks.

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