document.write( "Question 1033631: Nico is saving money for his college education. He invests some money at 6%, and $1300 less than that amount at 5%. The investments produced a total of $144 interest in 1 yr. How much did he invest at each rate? \n" ); document.write( "
Algebra.Com's Answer #648268 by addingup(3677)![]() ![]() You can put this solution on YOUR website! 0.06x+0.05(x-1300) = 144 \n" ); document.write( "0.06x+0.05x-65 = 144 \n" ); document.write( "0.11x = 209 \n" ); document.write( "x = 1900 \n" ); document.write( "1900 at 6% and 1900-1300 = 600 at 5% \n" ); document.write( " |