Social Studies, 17.09.2019 03:00 paytonxxburns05

Annie would like to take out a loan to put a new playground in her yard for her kids. she offers her car which is worth $7,800 as collateral. the loan officer at the bank is permitted to loan annie 92% of the value of her collateral. how much will annie be able to borrow for the playground using her car as collateral?

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Annie would like to take out a loan to put a new playground in her yard for her kids. she offers her...