Cindy would like to borrow money from her bank to restore her collectible car.  it will take $12,000 to fully restore the car.  cindy's bank offers secured loans at 89% of the collateral value.  how much collateral does cindy need to offer to get a loan big enough to allow her to fully restore her car?

Aaron invested a total of $4,100, some in an account earning 8% simple interest, and the rest in an account earning 5% simple interest. how much did he invest in each account if after one year he earned $211 in interest? select one: a. $200 at 8%, $3,900 at 5% b. $3,200 at 8%, $900 at 5% c. $900 at 8%, $3,200 at 5% d. $3,900 at 8%, $200 at 5%