Tracey M. answered 08/14/18
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m + b + f = 7000
f = 2b
substitute f=2b into the first equation
m + b + 2b = 7000
m + 3b = 7000
the money plus interest charged is this:
m + 1.10b + 1.20f = 8000
substitute f=2b into that equation
m + 1.10b +1.20(2b) = 8000
m + 1.10b + 2.40b = 8000
m + 3.50b = 8000
now subtract m + 3b = 7000
m + 3.5 b = 8000
-(m + 3b = 7000)
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.5b = 1000
b = 2000 this is what he borrowed from his brother
f = 2b
f = 4000 this is what he borrowed from his friend
m + b + f = 7000
m + 2000 + 4000 = 7000
m = 1000 this is what he borrowed from his mother
CHECK:
Interest charged = 8000-7000 = 1000
10% (loan from brother) + 20% (loan from friend) = 1000
.10(2000) + .20(4000) =1000
200 + 800 = 1000