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A Bank Gives Three Loans Totaling $280,000 to a Development

Question 68

Multiple Choice

A bank gives three loans totaling $280,000 to a development company for the purchase of three business properties. The largest loan is $40,000 more than the sum of the other two, and the smallest loan is one-third of
The next larger loan. Find the amount of the largest loan.


A) $140,000
B) $120,000
C) $180,000
D) $160,000

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