Intermediate Algebra
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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%? I'm not too sure how to approach this problem. Thanks in advance for the
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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%.
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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
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