Homework Help: please please help

Posted by Tristan on Wednesday, January 26, 2011 at 2:42pm.

Nico is saving money for his college education. He invest some money at 8%, and $1300 less than that amount at 5%. the investments produced a total of $234 intrest in 1 yr.How much did he invest at each rate?

please please help - sam, Wednesday, January 26, 2011 at 7:40pm
.08(x)+.05(x-1300)=234 solve for x
.08x+.05x-65=234
x=2300

to check your answer
.08(2300)=184
.05(2300-1300)=50
184+50=234
please please help - MattsRiceBowl, Wednesday, January 26, 2011 at 10:30pm
I could have helped earlier if you posted the subject.

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