SOLUTION: A bank loaned out $20,500, part of it at the rate of 13% annual interest, and the rest at 8% annual interest. The total interest earned for both loans was $2,015.00. How much was l
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Question 1136896: A bank loaned out $20,500, part of it at the rate of 13% annual interest, and the rest at 8% annual interest. The total interest earned for both loans was $2,015.00. How much was loaned at each rate? Answer by ikleyn(52756) (Show Source):
