Divide Rs. 195150 between A and B so that the amount that A receives in 2 years is the
same as that B receives in 4 years. The interest is compounded annually at the rate of 4%
per annum.
please help immediately
Answers
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4
Answer:
Rs.625
Step-by-step explanation:
Let the two parts be Rs. x and Rs. (1301 - x).
x(1+4100)7=(1301−x)(1+4100)9
x(1301−x)=(1+4100)2=(2625*2526)
=> 625x=676(1301-x)
1301x=676 x 1301x=676.
So,the parts are rs.676 and rs.(1301-676)i.e rs.676 and rs.625
I hope this helps.
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