February 23, 2017

Homework Help: Finance

Posted by ANON on Monday, August 13, 2012 at 7:43am.

Joseph invested 3/4 of his lottery winnings to a corporate bond which gives a simple 8% interest after 1 year, and the rest he invests in another company which gives a 4% interest in 1 year. If the total investment is php700,000; how much is Joseph's lottery winnings?

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