document.write( "Question 991277: How do I set up this word problem? Mark needs to borrow money from two different banks. Bank seven charges 12% simple interest while first bank charges 10%. Mark had to borrow twice as much from bank seven as he did from first bank. After one year the combined interest he owed was $884. How much did mark borrow in total? \n" ); document.write( "
Algebra.Com's Answer #611128 by solver91311(24713)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "A person has \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "One account earns \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The two accounts earn a total of \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "How much is invested in each account?\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Let \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Solve for \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The only difference in this general solution from your problem is that you don't know the total Principal. For your problem you need to use \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "John \n" ); document.write( " \n" ); document.write( "My calculator said it, I believe it, that settles it\r \n" ); document.write( "\n" ); document.write( " |