SOLUTION: A bank loaned out $14,000, part of it at the rate of 9% per year and the rest at 19% per year. If the interest recieved in one year totaled $2,000, how much was loaned at 9%?

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Question 339855: A bank loaned out $14,000, part of it at the rate of 9% per year and the rest at 19% per year. If the interest recieved in one year totaled $2,000, how much was loaned at 9%?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
0.09x+0.19(14000-x)=2000
0.09x+2660-0.19x=2000
-0.1x=-340
x=$3400 at 9%