please please help

posted by .

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 -

    .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 -

    I could have helped earlier if you posted the subject.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. 8th grade Math

    Megan has at most $1500 to invest. She plans to invest some of the money in a long-term CD at 6% and some of it in a short-term CD at 3%. She wants to earn at least $75 in interest per year. Write a system of inequlites to represent …
  2. Math Help Please

    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?
  3. Math

    Nico is saving money for his college education. He invests some money at 5%, and $2300 less than that amount at 3%. The investments produced a total of $163 interest in one year. How much did he invest at each rate?
  4. algebra

    nico is saving his money for college he invests some money at 8% and $1300 less than that amount of 5% the investments produced the amount of $195 interest in 1 year how much did he invest at each rate?
  5. Math 208

    nico is saving money for his college education. He invests some money at 6%, and $1400 less that that amount at 5%. The investments produced a total of $172 interest in 1 yr. how much did he invest at each rate?
  6. help me

    an actor invest some money at 6% and 43000 more than twice the amount at 12 % the total annual interest earned from the investments is 49860 how much did he invest at each amount. use the six step method
  7. Math

    Nico is saving money for his college education. He invests some money at 8%, and $1900 less than that amount at 7%. The investments produced a total of $257 interest in 1 yr. How much did he invest at each rate?
  8. Algebra

    Nico is saving money for his college education. He invests some money at 8% and $1400 less then the amount at 7%. The investments produced a total of $217 interst in one yeat. How much did he knvest at each rate?
  9. math

    Nico invests some money @ 5%, and $2400 less @4%. Investments total $165.00 in intrest in 1 yr. How much did he invest at each rate?
  10. Math

    Nico is saving money for his college education. He invests some money at 9​%, and ​$1100 less than that amount at 6%. The investments produced a total of ​$249 interest in 1 yr. How much did he invest at each​ rate?

More Similar Questions