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Two years ago, Kim Ean invested RM P in her account which earns r% simple interest. After 18 months, she noticed that the amount had

Two years ago, Kim Ean invested RM P in her account which earns r% simple interest. After 18 months, she noticed that the amount had become RM 10,450 and today, the amount is RM 10,600. Find the value of r.

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