Statement to Equation A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3/12 % per annum. The annual income from investment 3/12 % exceeds the income from the 5% investment by Php 65. Represent the amount of each investment.
Statement to Equation A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3/12 % per annum. The annual income from investment 3/12 % exceeds the income from the 5% investment by Php 65. Represent the amount of each investment.
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter3: Solving Equation And Problems
Section3.4: Using Equations To Solve Problems
Problem 14P
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Statement to Equation
A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3/12 % per annum. The annual income from investment 3/12 % exceeds the income from the 5% investment by Php 65. Represent the amount of each investment.
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