SOLUTION: Bea inherited Php 250 000 from her uncle. She invested a part of it at an interest rate of 4% per annum and the rest at 5% per annum. If she received Php 11 500 interest from both

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Bea inherited Php 250 000 from her uncle. She invested a part of it at an interest rate of 4% per annum and the rest at 5% per annum. If she received Php 11 500 interest from both       Log On

    0.04*(250000-x) + 0.05x = 11500


    x =  = 150000 at 5% 


and the rest, Php 100000  at 4%.