A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3 2 % per annum. The annual income from 3-% investment exceeds the income from the 5% 2 investment by Php 65....

Translate the statement into equation. Use as few variables as possible.

Extracted text: A man has Php 45,000 which he invests partly at a simple interest of 5% and the rest at 3 2 % per annum. The annual income from 3-% investment exceeds the income from the 5% 2 investment by Php 65. Represent the amount of each investment.