A few days ago
B.Mathematics problem?
Q 1). Mr. …. invested two sums of money on simple intrest. the first was 2200 invested at 8% per annum and the second 1960 at 10% per annum. the two sums were allowed to grow till both amounted to the same figure. in how many years did this happend and what were the two ammounts?
Q 2). Mr…. had note for 2500 with an intrest rate of 6% the note was dated March 15 1984 and the maturity date was 90 days after date. on March 30 1984 he took the note to his bank which discounted it at a discount rate of 7% how much did he receive from the bank?
Top 1 Answers
A few days ago
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1- 1 year
2- 2200
0
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