Question: The debts e200 and e600 are due in 11 days and 20 days respectively. If the payment plans are changed to pay e100 and e300
The debts e200 and e600 are due in 11 days and 20 days respectively. If the payment plans are changed to pay e100 and e300 in 10 days and 20 days respectively when will a single payment of e400 discharge the balance (assuming annual simple interest rate i and 20 days is the comparison date)?
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