Solve the problem by writing and solving a suitable system of equations.
-A small business takes out loans from three different banks to buy some new equipment. The total amount of the three loans is . The first bank offered an interest rate of . The second bank offered a rate of and the amount borrowed from this bank was less than twice as much as the amount borrowed from the first bank. The third bank offered a rate of . The total annual interest was . How much did they borrow from each bank?
A) first bank , second bank , third bank:
B) first bank , second bank , third bank:
C) first bank , second bank , third bank:
D) first bank , second bank , third bank:
Correct Answer:
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