A bank loaned out $18,000, part of it at the rate of 6% per year and the rest at 14% per year. If the interest received in one

Question

A bank loaned out $18,000, part of it at the rate of 6% per year and the rest at 14% per year. If the interest received in one year totaled $2000, how much was loaned at 6%
How much of the $18,000 did the bank loan out at 6%?

Kunduz · Accepted Answer

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