A bank loaned out $16,000, part of it at the rate of 7% per

Last updated: 7/17/2022

A bank loaned out $16,000, part of it at the rate of 7% per year and the rest at 17% per year. If the interest received in one year totaled $2000, how much was loaned at 7%? How much of the $16,000 did the bank loan out at 7%?