Maddy W.

asked • 01/26/16

I need help solving this

Nico is saving money for his college education. He invests some money at 9?%, and ?$1400 less than that amount at 4%. The investments produced a total of ?$217 interest in 1 yr. How much did he invest at each? rate?

Sanhita M.

what type of interest was applied - simple or compound?


1 Expert Answer


Andrew M. answered • 01/26/16

New to Wyzant

Mathematics - Algebra a Specialty / F.I.T. Grad - B.S. w/Honors

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