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Mathematics, 30.03.2021 02:00 JohnBranks3258
A bank loaned out $15,000, part of it at the rate of 4% annual interest, and the rest at 8% annual interest. The total interest earned for both loans was $1,020.00. How much was loaned at each rate?
$
was loaned at 4% and
$
was loaned at 8%.
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Answers: 1
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A bank loaned out $15,000, part of it at the rate of 4% annual interest, and the rest at 8% annual i...
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