3. Two investments are made totaling P8,800. For a certain year, these investments yield P1,326 in simple interest. Part of the P8,800 is invested at 16% and part at 14%. Find the amount invested at each rate
3. Two investments are made totaling P8,800. For a certain year, these investments yield P1,326 in simple interest. Part of the P8,800 is invested at 16% and part at 14%. Find the amount invested at each rate
Chapter9: Sequences, Probability And Counting Theory
Section: Chapter Questions
Problem 29RE: Alejandro deposits $80 of his monthly earnings into an annuity that earns 6.25% annual interest,...
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