The disposable income from your part-time job in 2010 and 2011 is $12,000. In 2010, you borrowed$500

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The disposable income from your part-time job in 2010 and 2011 is $12,000. In 2010, you borrowed$500 at 18 percent interest. You repay your loan with interest in 2011. How much would you have available for spending in 2011?
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Personal Finance

ISBN: 978-0077861643

11th edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes

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