A bank loaned out 17000 part of it at the rate of 7% per year and the rest 15% per year. If the interest received in one year totaled 2000, how much was loaned at 7%?

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asked Nov 19, 2020 158k views

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A bank loaned out 17000 part of it at the rate of 7% per year and the rest 15% per year. If the interest received in one year totaled 2000, how much was loaned at 7%?

Mathematics
high-school

Telexx asked

by Telexx

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x+y=17000 (x.7+y.15)/100=2000 (7x+7y)+8y=200000. 8y=200000-17000.7 y=61.5.5.5 17000-y=9375=x x=9375

Araspion answered Nov 25, 2020

by Araspion

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