AndreSantana AndreSantana
  • 17-02-2022
  • Mathematics
contestada

The policy of the Black Oyster Pawnshop is to lend up to 30% of the value of a borrower’s collateral. Pete wants to use a $2,000 guitar and a $900 camera as collateral for a loan. What is the maximum amount that he could borrow from Black Oyster?

Respuesta :

stella8799
stella8799 stella8799
  • 17-02-2022

Answer:

$870

8.7×10²

Step-by-step explanation:

0.3×($900+$2,000)

0.3×$2900

=$870

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