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Solve the system of linear equations by elimination.
12%
A numerical value representing twelve parts per hundred, often used to denote a percentage rate, such as an interest rate or growth rate.
7 Years
A time period of seven years, often used in the context of loans, investments, or tenure.
Compounded Monthly
An interest calculation method where interest is added to the principal balance monthly, causing the subsequent interest to be based on the new, higher balance.
12%
A percentage value often referring to an interest rate, growth rate, or efficiency ratio.
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