Multiple Choice
Solve.
-A bank loaned out $61,000, part of it at the rate of 11% per year and the rest at a rate of 5% per year. If the interest received was $4670, how much was loaned at 11%?
A) $34,000
B) $28,000
C) $27,000
D) $33,000
Correct Answer:
Verified
Correct Answer:
Verified
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