SOLUTION: Bea inherited Php 250 000 from her uncle. She invested a part of it at an interest rate of 4% per annum and the rest at 5% per annum. If she received Php 11 500 interest from both
Question 1175322: Bea inherited Php 250 000 from her uncle. She invested a part of it at an interest rate of 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? Answer by ikleyn(52781) (Show Source): You can put this solution on YOUR website! .
0.04*(250000-x) + 0.05x = 11500
x = = 150000 at 5%
and the rest, Php 100000 at 4%.