document.write( "Question 1016063: Nico is saving money for his college education. He invests some money at 9%, and $1400 less than that amount at 4%. The investments produced a total of $217 interest on 1 year. How much did he invest at each rate? \n" ); document.write( "
Algebra.Com's Answer #632427 by dkppathak(439)\"\" \"About 
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Nico is saving money for his college education. He invests some money at 9%, and $1400 less than that amount at 4%. The investments produced a total of $217 interest on 1 year. How much did he invest at each rate?
\n" ); document.write( "let he invest$ X at 9% and $X-1400 at 4%
\n" ); document.write( "interest on first= 9x/100
\n" ); document.write( "interest on second =4(x-1400)/100
\n" ); document.write( "9x/100 +4(x-1400)/100 =$217
\n" ); document.write( "9x+4x-5600=21700
\n" ); document.write( "13x=21700+5600
\n" ); document.write( "13x=27300
\n" ); document.write( "x=27300/13
\n" ); document.write( "=$2100 and other will be 2100-1400=$700\r
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