subject
Business, 13.03.2020 05:19 bigmac34

A bank loaned out $16,500, part of it at the rate of 14% annual interest, and the rest at 5% annual interest. The total interest earned for both loans was $2,085.00. How much was loaned at each rate

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 22:20
If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false
Answers: 2
question
Business, 22.06.2019 04:00
Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.
Answers: 2
question
Business, 22.06.2019 16:00
Which plan offers a tax-free education?
Answers: 1
question
Business, 22.06.2019 18:10
Why would an investor invest in your stocks
Answers: 1
You know the right answer?
A bank loaned out $16,500, part of it at the rate of 14% annual interest, and the rest at 5% annual...
Questions
question
Mathematics, 05.11.2020 18:30
question
Physics, 05.11.2020 18:30
question
Chemistry, 05.11.2020 18:30
Questions on the website: 13722367