how should a sum of 25000 be divided between two boys aged 15 and 10 years now so that at the age of 25 they would get equal amounts interest being charged at 8% p.a.
Answers
Answered by
12
boy 1 has x
boy 2 has 25000-x
x(108/100)^10 =25000-x(108/100)^15
on solving this you find the ans
thanks you
boy 2 has 25000-x
x(108/100)^10 =25000-x(108/100)^15
on solving this you find the ans
thanks you
Similar questions