SOLUTION: An amount of ₱ 500,000 was invested in a balanced fund. After 5 years, the total market value is ₱ 624,380. Find the return of investment.
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Question 1177498: An amount of ₱ 500,000 was invested in a balanced fund. After 5 years, the total market value is ₱ 624,380. Find the return of investment.
Answer by ikleyn(52781) (Show Source): You can put this solution on YOUR website!
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To find the return, subtract the lesser number of money from the greater number of money.
Happy calculations (!)
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