Mathematics, 02.12.2019 01:31 jace67857

To get the necessary funds for a planned expansion, a small company took out three loans totaling $25000. the company was able to barrow some of the money at 4% interest. it borrowed $2000 more than one-half the amount of the 4% loan at 6% and the rest at 5%. the total annual interest was $1220. how much did the company borrow at each rate?

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To get the necessary funds for a planned expansion, a small company took out three loans totaling $2...