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A bank loaned out $27,500, part of it at the rate of 14% annual interest, and the rest at 7% annual interest. The total interest
A bank loaned out $27,500, part of it at the rate of 14% annual interest, and the rest at 7% annual interest. The total interest earned for both loans was $2,730.00. How much was loaned at each rate?
$__________ was loaned at 14% and
$__________ was loaned at 7%.
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