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Mathematics 37 Online
Maxine:

Karl is buying a new car. At Bank A, a car loan will cost him 11.5%. At Bank B, it will cost 12.25%. If he borrows $8,000, how much will he save if he borrows from Bank A? A. $60 B. $400 C. $200 D. $100

Hoodmemes:

Divide 8,000 by 11.5 and 12.25

Hoodmemes:

then subtract the difference and you got your answer

Hoodmemes:

his savings is (12.25 - 11.5) % or 0.75% multiply 8000 by .0075

Hoodmemes:

any other questions u need help wit?

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