Divide Rs.28730 between A and B so that when their shares are lent out at 10% compound interest compounded per year,the amount that A receives in 3 yrs is the same as what B receives in 5 yrs
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66
let A got x and B got 28730-x
ci 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}/100000
33100x=(28730-x)61051
33100x=1753995230-61051x
94151x=1753995230
x=18629.59
A got 18629.59
B got 28730-18629.59=10100.40
ci 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}/100000
33100x=(28730-x)61051
33100x=1753995230-61051x
94151x=1753995230
x=18629.59
A got 18629.59
B got 28730-18629.59=10100.40
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27
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