Ralph Chase plans to sell a piece of property for $180000. He wants the money to be paid off in two waysminusa short-term note at 10 % interest and a long-term note at 7 % interest. Find the amount of each note if the total annual interest paid is $15600.
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Home » Business » Ralph Chase plans to sell a piece of property for $180000. He wants the money to be paid off in two waysminusa short-term note at 10 % interest and a long-term note at 7 % interest.