SOLUTION: Sally invested some money at 14% interest. Sally also invested $207 more than 5 times that amount at 13% How much is invested at each rate if sally receives $1630.61 in interest af

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: Sally invested some money at 14% interest. Sally also invested $207 more than 5 times that amount at 13% How much is invested at each rate if sally receives $1630.61 in interest af      Log On


   

Question 883283: Sally invested some money at 14% interest. Sally also invested $207 more than 5 times that amount at 13% How much is invested at each rate if sally receives $1630.61 in interest after one year?
Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
Let the amount at 14% be X.
%285X%2B207%29%2813%2F100%29%2BX%2814%2F100%29=1630.61
%285X%2B207%29%2813%29%2B14X=163061
65X%2B2691%2B14X=163061
79X=160370
X=2030