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You have deposited PHP 2,000 two years ago, PHP 1,000 five years ago and PHP 1,000 seven years ago. If the rate of interest for

You have deposited PHP 2,000 two years ago, PHP 1,000 five years ago and PHP 1,000 seven years ago. If the rate of interest for the first three years after you deposited your first savings is 8% compounded annually and the interest rate after the first three yearsis 10% compounded annually, determine the present worth of your savings.

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