# SOLUTION: Mrs. Lim invested two equal amounts of money, one at 4% and the other at 6%. Her yearly interest was P800. How much did she invest at each rate?

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 Click here to see ALL problems on Money Word Problems Question 222373: Mrs. Lim invested two equal amounts of money, one at 4% and the other at 6%. Her yearly interest was P800. How much did she invest at each rate?Answer by stanbon(57361)   (Show Source): You can put this solution on YOUR website!Mrs. Lim invested two equal amounts of money, one at 4% and the other at 6%. Her yearly interest was P800. How much did she invest at each rate? ---------------------- Let amount invested at each rate be "x". Equation: interest + interest = interest 0.04x + 0.06x = 800 0.10x = 800 x = P8000 (amount she invested at each rate) ================================================ Cheers, Stan H.