Chasya invested Php110,000. Part of her money is invested in Chinabank which yields 8% and the remainder is invested in Metrobank which yields 10%.  Her total annual income from these is Php10,200.  Find the amount she has invested in each bank.

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
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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...
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Chasya invested Php110,000. Part of her money is invested in Chinabank which yields 8% and the remainder is invested in Metrobank which yields 10%.  Her total annual income from these is Php10,200.  Find the amount she has invested in each bank.

 

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