Felipe bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $200 less than the desktop. He paid for the computers two different financing plans. For the desktop the interest rate was 5% per year, and for the laptop it was 7% per year. The total finance charges for one were $250. How much did each computer cost before finance charges? Desktop: S Laptop: S

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.3: Solve Mixture Applications
Problem 3.65TI: Remy has $14,000 to invest in two mutual funds. One fund pays interest at 4% per year and the other...
icon
Related questions
Question
Felipe bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $200 less than the desktop. He paid for the computers using
two different financing plans. For the desktop the interest rate was 5% per year, and for the laptop it was 7% per year. The total finance charges for one year
were $250. How much did each computer cost before finance charges?
Desktop: $
Laptop: $|
Transcribed Image Text:Felipe bought a desktop computer and a laptop computer. Before finance charges, the laptop cost $200 less than the desktop. He paid for the computers using two different financing plans. For the desktop the interest rate was 5% per year, and for the laptop it was 7% per year. The total finance charges for one year were $250. How much did each computer cost before finance charges? Desktop: $ Laptop: $|
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
Elementary Algebra
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell