SOLUTION: a businessman invested Php. 16,000.000, part at 9% and the rest at 4%. His total interest from both investments was Php. 990.00. How much did he invest at each rate?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: a businessman invested Php. 16,000.000, part at 9% and the rest at 4%. His total interest from both investments was Php. 990.00. How much did he invest at each rate?       Log On