Two equal sums were lent at 5% 6% p a compound interest for two years If the difference - Maths - Compound Interest

Question

Two equal sums were lent at 5% &6% p a compound interest for
two years If the difference in the compound interest was ?422,
find: the equal sums and compound interest for each sum

Anjali · Answer

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Two equal sums were lent at 5% &6% p.a.compound interest for two years. If the difference in the compound interest was ?422, find: the equal sums and compound interest for each sum.