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Anonymous Posted 13 years ago
Business & Finance
business, corporation
the co-operative trust fund is P500,000. part of the fund is invested at an annual interest rate of 6% and the rest is invested at annual interest rate of 8%. if the income from both investment is P39,000, how much is invested in each rate?
Top answer
The co-operative trust fund is P 500,000. Part of the fund is invested at an annual interest rate of 6% and the rest is invested at an annual interest rate of 8%. If the income from both investments is P 39,000, how much is invested at each rate?
- The co-operative trust fund is P 500,000.
- Part of the fund is invested at an annual interest rate of 6% and the rest is invested at an annual interest rate of 8%.
- If the income from both investments is P 39,000, how much is invested at each rate?
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1 Answers
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The co-operative trust fund is P 500,000. Part of the fund is invested at an annual interest rate of 6% and the rest is invested at an annual interest rate of 8%. If the income from both investments is P 39,000, how much is invested at each rate?
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