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29. Divide 13000 in two parts such that the amount of one for 1.5 years at 8% per annum compoundinterest, compounded annually is the same as amount of the other for 2.5 years at compound interest at the same rate, compounded annually. |
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Answer»
29 is the terest, compounded ANNUALLY is the same as amount of the other for 2.5 YEARS at compound INTEREST at the same RATE, compounded annually. |
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