Divide 2602 between M and N, so that the amount of M after 7 yr is e – McqOptions

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1.	Divide 2602 between M and N, so that the amount of M after 7 yr is equal to the amount of N after 9 yr, the interest being compounded at 4% pa.
A.	1352, 1250
B.	1400, 1350
C.	1415, 1300
D.	1500, 1450
Answer» B. 1400, 1350

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