- Richard invests P200, 000.00 in two different accounts. The first account returns 5% interest while the second account returns 8%. If the total interest earned after 1 year is P13,600.00, what principal is invested in each account? Let x and y represent the two amounts invested a. Complete the table below. Rate Principal Amount Interest Account 1 Account 2 b. Transiate the given relationship into an equation. The total principal is P200, 000.00: The total interest is P13, 600.00: (Eq. 1) (Eq. 2) c. The system of equations: d. The amount invested at 5% interest: The amount invested at 8% interest:
- Richard invests P200, 000.00 in two different accounts. The first account returns 5% interest while the second account returns 8%. If the total interest earned after 1 year is P13,600.00, what principal is invested in each account? Let x and y represent the two amounts invested a. Complete the table below. Rate Principal Amount Interest Account 1 Account 2 b. Transiate the given relationship into an equation. The total principal is P200, 000.00: The total interest is P13, 600.00: (Eq. 1) (Eq. 2) c. The system of equations: d. The amount invested at 5% interest: The amount invested at 8% interest:
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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