SOLUTION: Nick borrowed $10000, part at a 12% yearly interest rate and the rest at 14%. He paid $1310 in interest for a year. Find the amount of each loan.
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Question 255542: Nick borrowed $10000, part at a 12% yearly interest rate and the rest at 14%. He paid $1310 in interest for a year. Find the amount of each loan. Answer by rfer(16322) (Show Source):