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A bank loaned out $19,000, part of it at the rate of 7% per year and the rest at 15% per year. If the interest received i. 1 year totaled $2000, how much was loaned at 7%
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A bank loaned out $19,000, part of it at the rate of 7% per year and the rest at 15% per year. If the interest received i. 1 year totaled $2000, how much was loaned at 7%

User Swamy
by
5.6k points

2 Answers

1 vote

Answer:

$28571.43 was loaned.

this is because

2000 x 100 / 7

=28571.43

User NonNumeric
by
5.7k points
2 votes

Answer:

$28571.43 was loaned out.

Explanation:

2000 x 100 / 7=28571.43

User Philippe Grondier
by
5.7k points
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