document.write( "Question 882167: Holly invested two equal amounts of money, one at 4.5% and the other at 5% simple interest. Her total annual interest from the two investments was Php7,600. How much did she put in at each rate?
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Algebra.Com's Answer #532767 by ankor@dixie-net.com(22740) You can put this solution on YOUR website! Holly invested two equal amounts of money, one at 4.5% and the other at 5% simple interest. \n" ); document.write( " Her total annual interest from the two investments was Php7,600. How much did she put in at each rate? \n" ); document.write( ":\ \n" ); document.write( "Let a = amt invested at each rate \n" ); document.write( ": \n" ); document.write( ".045a + .05a = 7600 \n" ); document.write( ".095a = 7600 \n" ); document.write( "a = 7600/.095 \n" ); document.write( "a = $80,000 at each rate \n" ); document.write( " |