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GarryVolchara [31]
3 years ago
6

A bank loaned out ​$20,000​, part of it at the rate of 6 % per year and the rest at 16 % per year. If the interest received in o

ne year totaled ​$1500​, how much was loaned at 6 %?
Mathematics
1 answer:
Elden [556K]3 years ago
5 0

Answer:

$1,020

Step-by-step explanation:

0.06x + 0.16(20,000 - x) = 1500

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