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Finance

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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?

  • Finance -

    What does php mean?

  • Finance -

    philippine peso

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