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1. An investment earns 20% compounded semiannually. After how many years will it triple? 2. A man is required to pay P57,500 at the end

1. An investment earns 20% compounded semiannually. After how many years will it triple?

2. A man is required to pay P57,500 at the end of 15 days for P60,000 at the end of 60 days. Determine the rate of interest.

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