Mr. Cruz invested P100,000.00 part at 6% and the rest at 8%. How much should be invested at each rate so that the income from the 8% is twice the income from the 6% investment?
Mr. Cruz invested P100,000.00 part at 6% and the rest at 8%. How much should be invested at each rate so that the income from the 8% is twice the income from the 6% investment?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Mr. Cruz invested P100,000.00 part at 6% and the rest at 8%. How
much should be invested at each rate so that the income from the
8% is twice the income from the 6% investment?
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