HELP PLSS
ASAP
Mrs. Agbuya invested Php10,000 more than her husband did. If they both
invested the money at 5% per year and their combined income from the
investments was Php4,000.00, how much did each invest
Answers
SOLUTION
GIVEN
Mrs. Agbuya invested Php 10,000 more than her husband did.
They both invested the money at 5% per year
Their combined income from the investments was Php 4,000.00,
TO DETERMINE
The investment of each
EVALUATION
Here it is given that Mrs. Agbuya invested Php 10,000 more than her husband did.
Let Mr. Agbuya invested Php x
So Mrs. Agbuya invested Php ( x + 10,000 )
Now total investment
= Php ( x + x + 10,000 )
= Php ( 2x + 10,000 )
It is also given that they both invested the money at 5% per year
So total combined income from the investments
So by the given condition
Hence
Mr. Agbuya invested Php 35000
Mrs. Agbuya invested Php 45000
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