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On his recent birthday on April 18, 2012, Cai was given by his mother a certain amount of money as birthday present. He decided to

On his recent birthday on April 18, 2012, Cai was given by his mother a certain amount of money as birthday present. He decided to invest the said amount on a 12% exact simple interest. If the investment will mature on Christmas day at an amount of P15,000, how much did Cai receive from his mother on his birthday

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