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Tigreal expects to have Php 1,615,000 in his investment at the end of 12 years. If he invested Php 850,000 at the start of the

Tigreal expects to have Php 1,615,000 in his investment at the end of 12 years. If he invested Php 850,000 at the start of the term, how much interest rate should be applied?

Group of answer choices

7%

6.5%

6%

7.5%

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