A man's annual income from two investments was ₱28,750. He invested a part of his money at 5% and an amount of three times as much as 6%. how much did he invest at each rate?

Q: Nina invests $1,750 into two savings accounts. One account earns 3.5% annual interest and the other…

A: I am going to solve the given problem by using some simple algebra to get the required result.

Q: A man invested $20,000 in the bank. Apart ofit was invested at 5% and the rest at 10%. The total…

A: Introduction :Given , amount invested in the bank = $20,000investment rates are given as 5% and…

Q: You invested $7000 in two accounts paying 6% and 8% annual interest. If the total interest earned…

A:

Q: Nina receive an inheritance of $12500 from her grandmother. She invested part of it at 5% interest,…

A: Nina receive an inheritance of $12500 from her grandmother. She invested part of it at 5% interest,…

Q: You invested $80,000 in two accounts paying 5% and 7% annual interest. If the total interest earned…

A: We know that, Simple interest=Invested sum×rate×time100

Q: emily kailyn received an inheritance of $208,000.00 from her grandfather and invested part at 10%…

A: Follow below steps to obtain the answer: -As we know that formula for calculating simple interest is…

Q: Part of $48000 is invested at a 4% simple interest account and the rest at a 5% simple interest…

A: