Math Problem Statement
A businessman earned 69,000 from two kinds of bonds, one of which yielded 3% a year and the other yielded 5%. How much did he earns from each kind of bond, if his 3% bond earned P7,000 more than the other?
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Linear Equations
Formulas
Equation of a line
Theorems
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Suitable Grade Level
Grades 9-12
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