A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3 2 % per annum. The annual income from 3-% investment exceeds the income from the 5% investment by Php 65. Represent the amount of each investment.

A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3 2 % per annum. The annual income from 3-% investment exceeds the income from the 5% investment by Php 65. Represent the amount of each investment.

Intermediate Algebra

10th Edition

ISBN:9781285195728

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter1: Basic Concepts And Properties

Section1.CR: Review Problem Set

Problem 67CR: A crime-scene investigator has 3.4 ounces of a sample. He needs to conduct four tests that each...

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Question

Translate the following statements into equations. Use as few variables as possible

34. A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3
2
% per annum. The annual income from 3-% investment exceeds the income from the 5%
investment by Php 65. Represent the amount of each investment.

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