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A father deposited a total amount of P80,500 on two different investments. The first investment earns a rate of a simple interest 2.5 times the
A father deposited a total amount of P80,500 on two different investments. The first investment earns a rate of a simple interest 2.5 times the second investment. In 5 years, the first investment grows P90,745. In 10 years, the second investment grows P40,134.
Determine the following:
a.) Interest rate of the second investment, in %.
b.) Amount deposited on the first investment.
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