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A bank loaned out $17,000, part of it at the rate of 15% annual interest, and the rest at 8% annual interest. The total interest earned for both loans was $1,640.00. How much was loaned at each rate?
$ was loaned at 15% and
$ was loaned at 8%.
$ was loaned at 15% and
$ was loaned at 8%.
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4000
13000