Ask your own question, for FREE!
Mathematics 17 Online
OpenStudy (anonymous):

a bank loaned out $11,000, part of it of it at the rate of 6% a year, and the rest at 16% per year. If the interest received in 1 year totaled $1,000, how much was loaned at 6%?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!