document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1065894>Question 1065894</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Please help me solve this problem. A bank loaned out &#8203;$16000, 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 &#8203;$2000&#8203;, how much was loaned at 7%? How much of the &#8203;$16000 did the bank loan out at 7%? <BR>\n" );
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document.write( "x = amount lent out at 7% \r<BR>\n" );
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document.write( "0.07(x) + 0.17(16000-x) = 2000<BR>\n" );
document.write( "0.07x + 2720 - 0.17x = 2000<BR>\n" );
document.write( " -0.1x  = 2000 - 2720<BR>\n" );
document.write( "    -0.1x = -720<BR>\n" );
document.write( "          x = 7200<BR>\n" );
document.write( "16000-x = 8800\r<BR>\n" );
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document.write( "Ans:  $7200 was lent at 7%,  $8800 was lent at 17%<BR>\n" );
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document.write( "Check:   $7200*0.07 + $8800*0.17 = $504 + $1496 = $2000 (ok) </SPAN>\n" );
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