Question: 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

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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