document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1065392>Question 1065392</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Nico is saving money for his college education. He invests some money at 8%, and $1800 less than that amount at 6%, The investments produced a total of $270 interest in 1 year.  How much did he invest at each rate? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #680567 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=680567\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\">  Nico is saving money for his college education. He invests some money at 8%, and $1800 less than that amount at 6%, The investments produced a total of $270 interest in 1 year. How much did he invest at each rate? <BR>\n" );
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document.write( "Interest Equation::<BR>\n" );
document.write( "0.08x + 0.06(x-1800) = 270<BR>\n" );
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document.write( "8x + 6x - 6*1800 = 27000<BR>\n" );
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document.write( "14x = 37800<BR>\n" );
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document.write( "x = $2700 (amt. invested at 8%<BR>\n" );
document.write( "x-1800 = $900 (amt. invested at 6%)<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H.<BR>\n" );
document.write( "------------ </SPAN>\n" );
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