Solve the problem.
-A bank loaned out $57,000, part of it at the rate of 2.5% per year and the rest at a rate of 3.5% per year. If the interest received was $1705.00, how much was loaned at 2.5%?
A) $27,000
B) $29,000
C) $28,000
D) $30,000
Correct Answer:
Verified
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