document.write( "Question 1105495: A bank loaned out $18,500, part of it at the rate of 2% annual interest, and the rest at 9% annual interest. The total interest earned for both loans was $1,280.00. How much was loaned at each rate?\r
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Algebra.Com's Answer #720328 by ikleyn(52788) $\"\"$ $\"About$

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document.write( "interest + interest       = total interest\r\n" );
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document.write( "0.02*x   + 0.09*(18500-x) = 1280.\r\n" );
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document.write( "Solve for x, where x = the amount loaned at 2%.\r\n" );
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document.write( "Then evaluate 18500-x, which is the amount loaned at 9%.\r\n" );
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