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The policy of the Broadway Pawnshop is to lend up to 35% of the value of a borrower's collateral. John wants to use a $3,000

The policy of the Broadway Pawnshop is to lend up to 35% of the value of a borrower's collateral. John wants to use a $3,000 ring and a $1,200 necklace as collateral for a loan. What is the maximum amount that he could borrow from Broadway

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