A bank loaned out $22,500, part of it at the rate of 14% annual interest, and the rest at 2% annual interest. The total interest earned for both loans was $1,890.00. How much was loaned at each rate? - QAmmunity.org

A bank loaned out $22,500, part of it at the rate of 14% annual interest, and the rest at 2% annual interest. The total interest earned for both loans was $1,890.00. How much was loaned at each rate?

asked Jul 15, 2022 15.5k views

1 Answer

Answer:

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Explanation:

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Neji answered Jul 21, 2022

by Neji

4.2k points

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