Nicole borrowed $18,000 to buy a truck for her business. She borrowed from her parents who charge her 7% simple interest. She borrowed from a credit union that charges 6% simple interest, and she borrowed from a bank that charges 5% simple interest.
She borrowed four times as much from her parents as from the bank, and the amount of interest she paid at the end of 1 yr was
$1140. How much did she borrow from each source?
இ