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Mathematics, 26.10.2020 03:30 nathaniel12
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After not studying hard enough and losing his academic scholarship, Mark needs to borrow money from 2 different banks to pay
his tuition. Bank Seven charges 12% simple interest, while First Collegiate Bank charges 10%. Mark had to borrow twice as
much from Bank Seven as he did from First Collegiate Bank. After one year, the combined interest he owed was $816. How
much did Mark borrow in total?
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After not studying hard enough and losing his academic scholarship, Mark needs to borrow money fr...
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