A bank loaned out $19,500, part of it at the rate of 2% annual interest, and the rest at 3% annual interest. The total interest earned for both loans was $555.00. How much was loaned at each rate? - QAmmunity.org

A bank loaned out $19,500, part of it at the rate of 2% annual interest, and the rest at 3% annual interest. The total interest earned for both loans was $555.00. How much was loaned at each rate?

asked Dec 22, 2023 3.4k views

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