math

posted by .

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%?

  • math -

    hhh

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. College Algebra Word Problem

    I have been racking my head with this one and don't know how to approach it. The question is: A bank loaned out $64,000, part of it at the rate of 13% per year and the rest at a rate of 5% per year. If the interest received was $6000, …
  2. College Algebra

    A bank loaned out 64000. Part of the rate at 14% per year and the rest of rate at 4% per year. if the interest received was 5160, how much was loaned at 14%?
  3. COLLEGE ALGEBRA

    A bank loaned out $120,000, part of it at a rate of 8% per year and the rest at the rate of 12% per year. if the interested received totaled $11,000, how much was loaned at each rate?
  4. College Algebra

    A bank loaned out $53,000, part of it at a rate of 12% per year and the rest at a rate of 5% per year. If the interest received was $4960, how much was loaned at 12%?
  5. math

    1.John deposited $40,000.oo in the bank and earned simple interest of 7% per annum for 2 years. calculate the amount he will receive at the end of the 2 year period. 2. Find the simple interest on $15,000.00 invested for 4 years at …
  6. Intermediate Algebra

    A bank loaned out $17,000 part of it at a rate of 6%per year and the rest at 14%per year. If the interest received in one year totaled $1500 how much was loaned at 6%.
  7. Intermediate Algebra

    A bank loaned out 15,000part of it at a rate of 6% per year and the rest at 14%per year. If the interest received in one year totaled 1500, how much was loaned at 6%?
  8. math

    a bank loaned out 60000, part of it at the rate 14% per year and the rest at a rate of 8% per year. if the interest received was 6780, how much was loaned at 14%?
  9. Math

    Karthi had RS.5000 with him. he lent a part of 12% per annum simple interest and the remaining at 15% per annum. his total annum income was Rs.700.find the sum lent at12% per annum.
  10. Math

    A person deposited 100000 in a bank for three years. The Bank paid interest at 8% per annum compounded half yearly during the first year and at 12% per annum compounded quarterly during last 2 years.What is his balance after 3 years

More Similar Questions