SOLUTION: A man invested Php 1000,000. he put part of it in a bank at 5% interest. On the other hand, he invested the remainder in bonds with a 9% yearlyvreturn. How much did he put in the b

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Question 1136314: A man invested Php 1000,000. he put part of it in a bank at 5% interest. On the other hand, he invested the remainder in bonds with a 9% yearlyvreturn. How much did he put in the bank if his yearly income from the two investments was Php 7, 400?
Answer by ikleyn(52903) About Me  (Show Source):
You can put this solution on YOUR website!
.

            The condition describes  IMPOSSIBLE  situation,  which  NEVER  can happen,

            since  5%  of the total amount of  Php 1000,000  is just  Php 50,000,  which is  GREATER  than Php 7,400.



DIAGNOSIS:   The problem formulation in the post is  DEFECTIVE.