We propose a neurobiologically plausible model of cognition that combines the advantages of connectionist and symbolic systems, and that can solve a wide range of cognitive problems. This model, called Rate-Coding Bundle Memory (RCBM), is based on the Symbolic Subsystem Hypothesis, which posits that the brain implements a symbolic subsystem within its fundamentally connectionist nature. RCBM is a hybrid model that uses rate coding to represent symbols in a continuous space, and it uses a bundle memory system to store and retrieve these symbols. The model is capable of solving a wide range of cognitive problems, including one-shot learning, pattern separation, and the binding problem. We argue that RCBM provides a promising framework for understanding the nature of cognition, and that it can be used to develop more sophisticated models of cognition in the future.