Subject: Engineering Economy PLEASE ANSWER IMMEDIATELY WITH COMPLETE SOLUTIONS, EXPLANATIONS, AND CASH FLOW DIAGRAM. A...
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Subject: Engineering Economy PLEASE ANSWER IMMEDIATELY WITH COMPLETE SOLUTIONS, EXPLANATIONS, AND CASH FLOW DIAGRAM. A father deposited a total amount of P80,500 on two different investments. The first investment earns a rate of simple interest 2.5 times the second investment. In 5 years, the first investment grows P90,745. In 10 years, the second investment grows P40,134. Determine the following: A. INTEREST RATE OF THE SECOND INVESTMENT IN % B. AMOUNT DEPOSITED ON THE FIRST INVESTMENT
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