Question 626526
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Hi,
A bank loaned out $17,000, part of it at 6% per year, and the rest{{{highlight(x)}}} at 16% per year. 
If the interest received in one year totaled $1500, how much was loaned out at 6%? 
Question states***
 .06(17000-x) + .16x = $1500
                 .10x = 1500-1020
                     x = $4800, amount loaned at 16%. $12,200 at 6%
and...
CHECKING our Answer***
{{{.16*4800 + .06*12200 = 1500}}}