Yiren1223id
Answered

Ms. Blackmon invested P8000, part at 4% and the rest at 5% per year. How much did she invest at each rate if her total return per year on the investments was P380?

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Riannajimid

Answer:

Let x be the amount at 4%.

Then .04x + .05(8000-x) = $380

Do the simple algebra to find x = $2000.

So she invested $2000 at 4% and $6000 at 5%.

Step-by-step explanation:

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