document.write( "Question 626526: A bank loaned out $17,000, part of it at 6% per year, and the rest at 16% per year. If the interest received in one year totaled $1500, how much was loaned out at 6%?\r
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Algebra.Com's Answer #394266 by ewatrrr(24785) $\"\"$ $\"About$

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document.write( "Hi,
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document.write( "A bank loaned out $17,000, part of it at 6% per year, and the rest at 16% per year. 
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document.write( "If the interest received in one year totaled $1500, how much was loaned out at 6%? 
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document.write( "Question states***
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document.write( " .06(17000-x) + .16x = $1500
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document.write( "                 .10x = 1500-1020
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document.write( "                     x = $4800, amount loaned at 16%. $12,200 at 6%
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document.write( "and...
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document.write( "CHECKING our Answer***
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