Multiple Choice
Solve the problem.
-A bank loaned out $54,000, part of it at the rate of 2.75% per year and the rest at a rate of 3.25% per year. If the interest received was $1595.00, how much was loaned at 2.75%?
A) $22,000
B) $32,000
C) $33,000
D) $21,000
Correct Answer:
Verified
Correct Answer:
Verified
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