Question
A bank loaned out $14.000, 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 $14,000 did the bank loan out at 7%?
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A bank loaned out $14.000, 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 $14,000 did the bank loan out at 7%?