The amount loaned at 8% is $4800.
The amount loaned at 18% is $6,200.
<h3>What are the linear equations that represent the question?</h3>
a + b - 11,000 equation 1
0.08a + 0.18b = 1500 equation 2
Where:
a = amount loaned at 8%
b = amount loaned at 18%
<h3>How much was loaned at 8 and 18%?</h3>
Multiply equation 1 by 0.08
0.08a + 0.08b = 880 equation 3
Subtract equation 3 from equation 2
0.10b = 620
b = 620 / .10
b = $6200
a = 11,000 - 6200 = $4800
To learn more about linear equations, please check: brainly.com/question/26434260
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