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Business, 30.11.2019 03:31 leannamat2106

Elaine wants to buy and operate an ice-cream truck but doesn't have the financial resources to start the business. she borrows $10,000 from her friend george, to whom she promises an interest rate of 7 percent, and gets another $20,000 from her friend jerry, to whom she promises a third of her profits.
what best describes this situation?

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