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3 per cent p.a. WIST Umg CULPoundedannually.15. Divide * 28,730 between A and B so thatwhen their shares are lent out at 10 per centcompound interest compounded per year, theamount that A receives in 3 years is the sameas what B receives in 5 years.16. A sum of 44 200 individu |
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Answer» Let A got x and B got 28730-xci of A = ci of B ci = p{ (1+r/100)^n -1}x { (1 +10/100)^3-1}=(28730-x){ (1+10/100)^5 -1}x { (1331 -1000)/1000}=(28730-x){161051-100000}/10000033100x=(28730-x)6105133100x=1753995230-61051x94151x=1753995230x=18629.59A got 18629.59B got 28730-18629.59=10100.40 |
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