Question
Marvin has Php 2,000.00 invested at 7% and Php 5,000.00 at 3% simple interest. Determine the additional sum that must be invested at 5.5% to
Marvin has Php 2,000.00 invested at 7% and Php 5,000.00 at 3% simple interest. Determine the additional sum that must be invested at 5.5% to give him an overall annual return of 5%.
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International Economics
Authors: Robert Carbaugh
15th edition
1285854357, 978-1305177093, 1305177096, 978-1285854359
