SOLUTION: A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3 % per annum. The annual income from 3.5% investment exceeds the income from the 5% investm

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3 % per annum. The annual income from 3.5% investment exceeds the income from the 5% investm      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 1177780: A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3 % per annum. The annual income from 3.5% investment exceeds the income from the 5% investment by Php 65. Represent the amount of each investment.
Answer by mananth(16946) About Me  (Show Source):
You can put this solution on YOUR website!
typing error 3% or 3.5%