SOLUTION: Mr. Espiritu gave 30,000 pesos to his wife and son. The wife invested her money at 8% and the son 12%. The two investments yielded equal annual incomes. How much was given to the w
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Question 826014: Mr. Espiritu gave 30,000 pesos to his wife and son. The wife invested her money at 8% and the son 12%. The two investments yielded equal annual incomes. How much was given to the wife and son?
Pls. answer. :(
Thank you for the one who is willing to answer this. :*
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
w+s=30000,
.08w=.12s
s=12000, w=18000
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