Question 1058006
Let n represent the amount to invest at 5%. Then:
1000000(.074)+.05n=.066(1000000+n)
74000+.05n=66000+.066n
.016n=8000
n=Php 500000 to be invested at 5% in order to achieve the desired interest. &#9786;&#9786;&#9786;&#9786;