math

posted by .

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 -

    amount at 5% ---- x
    amount at 4% ---- x - 2400

    .05x + .04(x-2400) = 165

    solve for x

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. math

    With income earned by selling the rights to his life story, an actor invests some of the money at 3% and 30,000 more than twice as much at 4%. The total annual interest earned from the investments is $5600. How much is invested at …
  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. 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?
  4. 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?
  5. 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?
  6. 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?
  7. Math

    Doris invested some money at 7% and some money at 8%. She did at 7%. Her yearly total from the two investments was $7.80. How much did Doris invest at each rate?
  8. 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?
  9. 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?
  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