Computation of loan amount
Question: A bank loaned dollar 15,000 some at an yearly rate of 16 percent and some at an annual rate of 10 percent. If the income from these loans was dollar 1800, how much was loaned at 10 percent?
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A bank loaned dollar 15,000 some at an yearly rate of 16 percent and some at an annual rate of 10 percent. If the income from these loans was dollar 1800, how much was loaned at 10 percent?
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