Mathematics, 04.11.2020 16:10, meowmeowcow
Natasha needs to borrow $500 until her next paycheck to purchase a wedding gift.
She goes to a Friendly Fred's Pawnshop and puts up a family heirloom worth $4000
as collateral. Friendly Fred will lend her up to 25% of the value of her collateral. How much
Is Friendly Fred willing to lend Natasha? Is this enough to cover the cost of the wedding
Gift?
O $1,000, yes
o $1,000.no
$400. yes
O $400, no
Answers: 2
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Natasha needs to borrow $500 until her next paycheck to purchase a wedding gift.
She goes to a Frie...
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