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OpenStudy (anonymous):
A bank loaned out P120,000 , part of it at the rate of 8% per year and the rest at the rate of 18% per year. If the interest received a totaled P 10,000 , how much was loaned at 8% ?
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OpenStudy (anonymous):
over how many years?
OpenStudy (anonymous):
1 year
OpenStudy (anonymous):
uhh guys?
OpenStudy (anonymous):
let one part which was loaned out at 8% be x. the other part =120000-x 8%(x)+18%(120000-x)=10000 Can you solve for x?
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