Bea inherited Php 250,000 from her uncle. She invested a part of it at an interest rate o 4% per annum and the rest at 5% per annum. If she received Php 11 500 interest from both investments, how much did she invest in each?
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Bea inherited Php 250,000 from her uncle. She invested a part of it at an interest rate o 4% per annum and the rest at 5% per annum. If she received Php 11 500 interest from both investments, how much did she invest in each?
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Answer:
Step-by-step explanation:0.04(250000 – x ) + 0.05x = 11500
X= __________________= 150000 at 5%
And the rest, php 100000 at 4%