Question: 1. David had two equal outstanding loans, one from 63 days ago and one from 105 days ago. He repaid both loans today with

1. David had two equal outstanding loans, one from 63 days ago

1. David had two equal outstanding loans, one from 63 days ago and one from 105 days ago. He repaid both loans today with the single amount of $7400. If interest is 9% on the loans, what was the size of the equal amounts borrowed?

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