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Determine the simple interest rate if an investment of Php65,000.00 accumulates to Php100,000.00 in 45 months. Round off answer to two decimals. 12.17% 12.18%

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Determine the simple interest rate if an investment of Php65,000.00 accumulates to Php100,000.00 in 45 months. Round off answer to two decimals. 12.17% 12.18% 14.35% 14.36%

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