Part of the P40, 000 was loaned at 2% and the rest at 3% interest. The income from the 2% investment was P65 more than what was loaned at 3%. What was the amount of each loan?Two cars who are 200km apart at the same time and travel toward the same direction. The faster car overtakes the slower one in 2 hrs. If they have traveled toward each other, they would have met after 3 hrs. What is the average speed of each car?

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Answered: Part of the P40, 000 was loaned at 2%…

Elementary Algebra

17th Edition

ISBN:9780998625713

Author:Lynn Marecek, MaryAnne Anthony-Smith

Publisher:Lynn Marecek, MaryAnne Anthony-Smith

Chapter3: Math Models

Section3.5: Solve Uniform Motion Applications

Problem 3.100TI: Thanh and Nhat leave their office in Sacramento at the same time. Thanh drives north on I-5 at a...

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Part of the P40, 000 was loaned at 2% and the rest at 3% interest. The income from the 2% investment was P65 more than what was loaned at 3%. What was the amount of each loan?
Two cars who are 200km apart at the same time and travel toward the same direction. The faster car overtakes the slower one in 2 hrs. If they have traveled toward each other, they would have met after 3 hrs. What is the average speed of each car?

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