How much company borrowed at every rate


Financing the Expansion: To get essential funds for the planned expansion, a small company took out 3 loans totaling $25,000. Company was able to borrow money at 8% interest. It borrowed $2000 more than one-half the amount of the 8% loan at 10%, and rest at 9%. Total annual interest was $2220. How much did company borrow at each rate?

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Mathematics: How much company borrowed at every rate
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