Ask Question
5 May, 08:36

5 A bank's cost to issue a loan, in dollars,

is c = 200 + 0.03b, where b is the

amount of the loan. If the bank's revenue

from the loan is r = 0.07b, then what are

the possible loan amounts that the bank

can offer and have the revenue be greater

than the cost?

+2
Answers (1)
  1. 5 May, 08:37
    0
    8 billon
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “5 A bank's cost to issue a loan, in dollars, is c = 200 + 0.03b, where b is the amount of the loan. If the bank's revenue from the loan is ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers