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OpenStudy (anonymous):
Juan wants to deposit $700 into savings accounts at three different banks: Bank of Chance, Merchant Bank, and Utopian Financing. He will deposit four times as much into Merchant Bank as Bank of Chance because they offer a higher interest rate. He also expects the Utopian Financing deposit to be only 25% of the total of the other two deposits. How much will Juan deposit into the Utopian Financing savings account? $112 $140 $175 $448
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