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1. Suppose China loaned the USA a total of $1.3 trillion dollars in 2011. So of the investment was at 20% simple interest per year

1. Suppose China loaned the USA a total of $1.3 trillion dollars in 2011. So of the investment was at 20% simple interest per year and the rest at 35% simple interest per year. How much was loaned at both 20% and 35% if after one year the loans earned a total interest of: $400,000,000? use the simple interest equation (I=PRT) and round to 2 decimals.

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