algebra
posted by rebecka .
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?

.08 x + .05(x 1300) = 195
8 x + 5(x1300) = 19500
3 x  6500 = 19500
3 x = 26,000
x = 8666.67
x1300 = 7366.67
Respond to this Question
Similar Questions

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? 
please please help
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? 
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? 
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? 
math
an actor invests money at 7% and 29000 more than three times the amount at 11% the total annual interest earned from the investments is 23990 how much did he invest at each amount. 
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? 
Math
An actor invests some money at 6% and $35000 more than 4 times the amount at 11%. The total amount interest earned from the investment is $66350. how much did he invest at each amount? 
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? 
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? 
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?