SOLUTION: Nico is saving money for his college education. He invests some money at 8​%, and ​$2300 less than that amount at 7%. The investments produced a total of ​$274int
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Question 1087796: Nico is saving money for his college education. He invests some money at 8%, and $2300 less than that amount at 7%. The investments produced a total of $274interest in 1 yr. How much did he invest at each rate?
He invested $..... at 8% and $....at 7% Answer by jorel1380(3719) (Show Source):
You can put this solution on YOUR website! Let n be the amount invested at 8%. Then the amount invested at 7% equals n-2300. So:
.08n+.07(n-2300)=274
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