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)\"\" \"About 
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\n" ); document.write( "\n" ); document.write( "A person has currency units invested in 2 accounts.\r
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\n" ); document.write( "\n" ); document.write( "One account earns percent interest, and the other account earns percent interest.\r
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\n" ); document.write( "\n" ); document.write( "The two accounts earn a total of interest in one year.\r
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\n" ); document.write( "\n" ); document.write( "How much is invested in each account?\r
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\n" ); document.write( "\n" ); document.write( "Let be the amount invested at percent. Then the amount invested at percent is , and:\r
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\n" ); document.write( "\n" ); document.write( "Solve for , then calculate \r
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\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 and instead of and . Just make sure you put the right rate with the right principal amount variable expression.\r
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\n" ); document.write( "My calculator said it, I believe it, that settles it\r
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