A bank loaned out $15,000 to a college student. Part of this money was loaned at a rate of 6% per year, and the rest of the $15,000 was loaned at a rate of 13% per year. If the bank received $1390 in interest, how much was loaned at 6%?

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- Jan 21st 2008, 08:12 PMTammy07Math Word Problem
A bank loaned out $15,000 to a college student. Part of this money was loaned at a rate of 6% per year, and the rest of the $15,000 was loaned at a rate of 13% per year. If the bank received $1390 in interest, how much was loaned at 6%?

- Jan 21st 2008, 08:20 PMJhevon
- Jan 21st 2008, 08:33 PMmr fantastic