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?

So far I have
0.08 (1400)(0.07)

asked by Sue
  1. try this

    (.08 * x) + [.07 * (x - 1400)] = 217

    posted by Scott

Respond to this Question

First Name

Your Response

Similar Questions

  1. 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?
  2. 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?
  3. 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?
  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. 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?
  7. 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?
  8. math

    Nico is saving money for his college education. He invest some money at 5%, and $1600 less than that amount at 3%. The investments produced a total of $144 interest in 1yr. How much did he invest at each rate?
  9. math !!!! :O

    Tierra, Nico, and Alex had $865 altogether. Tierra spent 2/5 of her money. Nico spent $40 , and Alex spent twice as much as Tierra. If the three friends had the same amount of money left, how much money did Alex have in the
  10. Math

    Nico was stunned when he opened the mail. Here was a check for $322.50! This was the interest he earned on his investment. One year ago Nico had been given $5,000. His parents made him put it in the bank and save it for college,

More Similar Questions