A sum of money was lent at simple interest at 11% per annum for 7/2 years and

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A sum of money was lent at simple interest at 11% per annum for 7/2 years and 9/2 years, respectively. If the interest difference for two periods was Rs. 5500, find the sum.

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Mar 15, 2023 05:57 AM

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A sum of money was lent at simple interest at 11% per annum for 7/2 years and

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Principles of Finance

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