SOLUTION: A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3 % per annum. The annual income from 3.5% investment exceeds the income from the 5% investm

SOLUTION: A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3 % per annum. The annual income from 3.5% investment exceeds the income from the 5% investm

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Question 1177780: A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3 % per annum. The annual income from 3.5% investment exceeds the income from the 5% investment by Php 65. Represent the amount of each investment.
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
typing error 3% or 3.5%
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