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with solution tnx A person invested Php 50,000 in two accounts, which pay 6% and 8% interest annually. The amount invested at 8% rate is
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A person invested Php 50,000 in two accounts, which pay 6% and 8% interest annually. The amount invested at 8% rate is 110% of the amount invested at 6% rate. After four years, he earns Php 7200 in interest. How much did he invest at the 6% rate Step by Step Solution
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Fundamentals Of Corporate Finance
Authors: David W Blackwell, Robert Parrino, David S Kidwell
1st Edition
0471270563, 9780471270560
