Investor company loaned out a total of $36,000, part at 6% interest and part at 9% interest. they reported that the annual earnings from both investments was the same amount that would be earned by the total loan if it were invested at 8%. find the amount loaned at each rate. use matrix methods.
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Home » Mathematics » Investor company loaned out a total of $36,000, part at 6% interest and part at 9% interest. they reported that the annual earnings from both investments was the same amount that would be earned by the total loan if it were invested at 8%.