SOLUTION: George invested some money at 14% interest. George also invest $166 more than 3 times that amount at 8%. How much is invested at each rate if george receives $1362.28 in interest a

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Question 1108329: George invested some money at 14% interest. George also invest $166 more than 3 times that amount at 8%. How much is invested at each rate if george receives $1362.28 in interest after one year?
Answer by ikleyn(52884)   (Show Source): You can put this solution on YOUR website!
.
interest + interest      = total interest

0.14*x   + 0.08*(3x+166) = 1362.28

Solve for x.



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