document.write( "Question 1145743: Nico is saving money for his college education. He invests some money at 7%, and $1400 less than that amount at 3 %. The investments produced a total of $148 interest in 1 yr. How much did he invest at each rate? \n" ); document.write( "
Algebra.Com's Answer #766973 by richwmiller(17219) You can put this solution on YOUR website! .07x+.03y=148 \n" ); document.write( "y=x-1400 \n" ); document.write( "substitute x-1400 for y \n" ); document.write( ".07x+.03(x-1400)=148 \n" ); document.write( ".07x+.03x-.03*1400=148 \n" ); document.write( ".1x-42=148 \n" ); document.write( ".1x=190 \n" ); document.write( "x=1900 at 7% \n" ); document.write( "1900-1400=500 at 3% \n" ); document.write( "check \n" ); document.write( ".07 *1900+.03*500=148 \n" ); document.write( ".07*1900+.03*500=148 \n" ); document.write( "133+15=148 \n" ); document.write( "148=148 \n" ); document.write( "ok \n" ); document.write( " \n" ); document.write( " |