SOLUTION: Arsing invested a certain amount at 8% and twice that amount at 10%. If the investment would yield an annual income of PhP16,500.00, how much did he invest in each

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Arsing invested a certain amount at 8% and twice that amount at 10%. If the investment would yield an annual income of PhP16,500.00, how much did he invest in each      Log On

interest + interest   = interest

0.08*x   + 0.10*(2x)  = 16500       (1)


Solve for x which is the smaller amount invested.