document.write( "Question 97678: A bank loaned out php12.000, part of it at the rate of 8%per yaer and the rest at the rate of 18%per year. If the invest recieved totaled php1,000, how much was loaned at 8% \n" ); document.write( "
Algebra.Com's Answer #71065 by stanbon(75887)\"\" \"About 
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A bank loaned out php12.000, part of it at the rate of 8%per yaer and the rest at the rate of 18%per year. If the invest recieved totaled php1,000, how much was loaned at 8%
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\n" ); document.write( "Let amount invested at 8% be \"x\" ; interest on that is 0.08x dollars
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\n" ); document.write( "Amt invested at 18^ is \"12,000-x\"; int is 0.18(1200-x)= 2160-0.18x dollars
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\n" ); document.write( "EQUATION:
\n" ); document.write( "interest + interest = 1000
\n" ); document.write( "0.08x + 2160-0.18x = 1000
\n" ); document.write( "-0.10x = -1160
\n" ); document.write( "x = 11,600 (amount invested at 8%)
\n" ); document.write( "12,000-11600 = 400 (amount invested at 18%)
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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