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To get the necessary funds for a planned expansion, a small company took out three loans totaling $ 2 5 , 0 0 0 .

To get the necessary funds for a planned expansion, a small company took out three loans totaling $25,000. Company owners were able to get interest rates of 7%,8%, and 9%. They borrowed $1000 more at 8% than they borrowed at 9%. The total annual interest on the loans was $1940. Answer parts (a) through (d).
(a) How much did they borrow at each rate?
The company borrowed $, at 7%,$, at 8%, and $, at 9%.
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