Question

Divide * 1600 into two parts in such a way
that simple interest on the first part at 10%
for 2 years is equal to the interest on the
other part
irt at 8% for
12 years.​

Answer 1

Answer:

1600/2=800

800*10% = 80

80*24=1920

800*8% =64

64*24=1536

one year 12 months

2 year = 24 months