A bank loaned out $18,500, part of it at the rate of 6% annual interest, and the rest at 15% annual interest. The total interest earned for both loans was $1,965.00. How much was loaned at each rate? was loaned at 6% and was loaned at 15%. Question Help: Video M Message instructor D Post to forum Submit Question

A bank loaned out $18,500, part of it at the rate of 6% annual interest, and the rest at 15% annual interest. The total interest earned for both loans was $1,965.00. How much was loaned at each rate? was loaned at 6% and was loaned at 15%. Question Help: Video M Message instructor D Post to forum Submit Question

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter2: Solving Linear Equations

Section2.5: Solve Linear Inequalities

Problem 2.118TI: Elliot has a landscape maintenance business. His monthly expenses are $1,100. If he charges $60 per...

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