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Mathematics, 04.08.2019 12:50 xeal7007

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?

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