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Mathematics, 03.05.2021 23:10 cassiuspricerules

A bank loaned out $24,500, part of it at the rate of 12% annual interest, and the rest at 11% annual interest. The total interest earned for both loans was $2,770.00. How much was loaned at each rate?

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A bank loaned out $24,500, part of it at the rate of 12% annual interest, and the rest at 11% annual...

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