Multiple Choice
Solve the problem.
-A bank loaned out $68,000, part of it at the rate of 13% per year and the rest at a rate of 6% per year. If theinterest received was $6,040, how much was loaned at 13%?
A) $28,000
B) $40,000
C) $29,000
D) $39,000
Correct Answer:
Verified
Correct Answer:
Verified
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