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Algebra
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OpenStudy (anonymous):
A loan officer at a bank has $87,000 to lend and is required to obtain an average return of 14% per year. If he can lend at the rate of 15% or the rate of 11%, how much can he lend at the 11% rate and still meet his required return?
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OpenStudy (tkhunny):
Please name your two investments. This will send you well on your way to the solution.
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