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?
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #532767 by ankor@dixie-net.com(22740)\"\" \"About 
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( "
\n" );