Posted by **Jasmine** on Wednesday, March 12, 2008 at 6:46pm.

A bank has loaned out $750,000, part of it at 5% per annum and the rest of it at 8% per annum. If the bank receives $52,500 in interest each year, how much was loaned at 5%?

## Answer this Question

## Related Questions

- Intermediate Algebra - A bank loaned out $17,000 part of it at a rate of 6%per ...
- College Algebra - A bank loaned out $53,000, part of it at a rate of 12% per ...
- math - a bank loaned out 60000, part of it at the rate 14% per year and the rest...
- math - 1.John deposited $40,000.oo in the bank and earned simple interest of 7% ...
- College Algebra - A bank loaned out 64000. Part of the rate at 14% per year and ...
- COLLEGE ALGEBRA - A bank loaned out $120,000, part of it at a rate of 8% per ...
- College Algebra Word Problem - I have been racking my head with this one and ...
- Intermediate Algebra - A bank loaned out 15,000part of it at a rate of 6% per ...
- Help Please Math - A principal of $2500 is invested,part at 8% per annum and the...
- math - 8.Mary invested RM3000 in two accounts, some at 12% per annum and the ...

More Related Questions