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A bank loaned out $31,000, part of it at the rate of 9% annual interest,...

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A bank loaned out $31,000, part of it at the rate of 9% annual interest, and the rest at 8% annual interest. Thetotal interest earned for both loans was $2,620.00. How much was loaned at each rate?was loaned at 9% andwas loaned at 8%.Question Help: VideoSubmit Question>

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