Suppose that a man lends P50,000 for four years at 12% per year simple interest. At the end of the four years, he invests the entire amount which he then has for 10 years at 8% interest per year,...

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Extracted text: Suppose that a man lends P50,000 for four years at 12% per year simple interest. At the end of the four years, he invests the entire amount which he then has for 10 years at 8% interest per year, compounded annually. How much money will he have at the end of the 14-year period?