document.write( "Question 1110071: Nico is saving money for his college education. He invest some money at 5%, and $2300 less than that amount at 3%. The investments produced a total of $163 interest in 1yr. How much did he invest at each rate? \n" ); document.write( "
Algebra.Com's Answer #725074 by josmiceli(19441)\"\" \"About 
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Use \"+I+=+P%2Ar%2At+\"
\n" ); document.write( "\"+I%5B1%5D+=+P%5B1%5D%2Ar%5B1%5D%2At+\"
\n" ); document.write( "\"+I%5B1%5D+=+P%5B1%5D%2A.05%2A1+\"
\n" ); document.write( "(1) \"+I%5B1%5D+=+.05%2AP%5B1%5D+\"
\n" ); document.write( "--------------------------------
\n" ); document.write( "\"+163+-+I%5B1%5D+=+%28+P%5B1%5D+-+2300+%29%2A.03%2A1+\"
\n" ); document.write( "\"+163+-+I%5B1%5D+=+.03P%5B1%5D+-+69+\"
\n" ); document.write( "(2) \"+I%5B1%5D+=+-.03P%5B1%5D+%2B+232+\"
\n" ); document.write( "------------------------------------
\n" ); document.write( "Set (1) = (2)
\n" ); document.write( "\"+.05P%5B1%5D+=+-.03P+%2B+232+\"
\n" ); document.write( "\"+.08P%5B1%5D+=+232+\"
\n" ); document.write( "\"+P%5B1%5D+=+2900+\"
\n" ); document.write( "and
\n" ); document.write( "\"+P%5B1%5D+-+2300+=+2900+-+2300+\"
\n" ); document.write( "\"+P%5B1%5D+-+2300+=+600+\"
\n" ); document.write( "------------------------------------
\n" ); document.write( "He invested $2,900 @ 5%
\n" ); document.write( "He invested $600 @ 3%
\n" ); document.write( "---------------------------------
\n" ); document.write( "check:
\n" ); document.write( "\"+I%5B1%5D+=+.05%2AP%5B1%5D+\"
\n" ); document.write( "\"+I%5B1%5D+=+.05%2A2900+\"
\n" ); document.write( "\"+I%5B1%5D+=+145+\"
\n" ); document.write( "and
\n" ); document.write( "\"+163+-+I%5B1%5D+=+.03P%5B1%5D+-+69+\"
\n" ); document.write( "\"+163+-+I%5B1%5D+=+.03%2A2900+-+69+\"
\n" ); document.write( "\"+163+-+I%5B1%5D+=+87+-+69+\"
\n" ); document.write( "\"+i%5B1%5D+=+163+-+87+%2B+69+\"
\n" ); document.write( "\"+I%5B1%5D+=+145+\"
\n" ); document.write( "OK
\n" ); document.write( "
\n" ); document.write( "
\n" );