A man invested money at 12% compounded quarterly and the other at 16% compounded semi- annually. After 10yrs the total he invested is P500 000. If the amount he invested in 16% is twice the 12%,...


A man invested money at 12% compounded quarterly and the other at 16% compounded semi-<br>annually. After 10yrs the total he invested is P500 000. If the amount he invested in 16% is twice the<br>12%, determine the amount(P) he invest in 16%.<br>

Extracted text: A man invested money at 12% compounded quarterly and the other at 16% compounded semi- annually. After 10yrs the total he invested is P500 000. If the amount he invested in 16% is twice the 12%, determine the amount(P) he invest in 16%.

Jun 10, 2022
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