Mathematics, 24.04.2021 20:00 biglue19

Linda Davis agreed to lend money to Alex Luciano at a special interest rate of 9% per year, on the condition that he borrow enough that he would pay her $400 in interest over a -year period. What was the minimum amount Alex could borrow?

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Linda Davis agreed to lend money to Alex Luciano at a special interest rate of 9% per year, on the...

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Linda Davis agreed to lend money to Alex Luciano at a special interest rate of ​9% per​ year, on the condition that he borrow enough that he would pay her ​$400 in interest over a ​-year period. What was the minimum amount Alex could​ borrow?

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Linda Davis agreed to lend money to Alex Luciano at a special interest rate of 9% per year, on the condition that he borrow enough that he would pay her $400 in interest over a -year period. What was the minimum amount Alex could borrow?