SOLUTION: A man invested Php 1000,000. he put part of it in a bank at 5% interest. On the other hand, he invested the remainder in bonds with a 9% yearlyvreturn. How much did he put in the b

Question 1136314: A man invested Php 1000,000. he put part of it in a bank at 5% interest. On the other hand, he invested the remainder in bonds with a 9% yearlyvreturn. How much did he put in the bank if his yearly income from the two investments was Php 7, 400?
Answer by ikleyn(52908)   (Show Source): You can put this solution on YOUR website!
.

            The condition describes IMPOSSIBLE situation, which NEVER can happen,

            since 5% of the total amount of Php 1000,000 is just Php 50,000, which is GREATER than Php 7,400.

DIAGNOSIS:   The problem formulation in the post is DEFECTIVE.

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