At the end of the years 2000, 2001 and 2002, an employee received amounts of money as recognition, and a total of 90,000 GE. The clerk invested the money at a 3 percent interest rate and ended up having from 2002 a fotal of 92,418 GE. If he had got 6 percent interest, it would have been 94872 GE. How much did he get paid in 2001? Note: In 2002 he received 30,000 GE.

Individual Income Taxes
43rd Edition
ISBN:9780357109731
Author:Hoffman
Publisher:Hoffman
Chapter4: Gross Income: Concepts And Inclusions
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At the end of the years 2000, 2001 and 2002, an employee received amounts of money as recognition, and
a total of 90,000 GE. The clerk invested the money at a 3 percent interest rate and ended up having
from 2002 a fotal of 92,418 GE. If he had got 6 percent interest, it would have been 94872 GE How much
did he get paid in 2001? Note: In 2002 he received 30,000 GE.
62000
98000
81000
40000
Transcribed Image Text:At the end of the years 2000, 2001 and 2002, an employee received amounts of money as recognition, and a total of 90,000 GE. The clerk invested the money at a 3 percent interest rate and ended up having from 2002 a fotal of 92,418 GE. If he had got 6 percent interest, it would have been 94872 GE How much did he get paid in 2001? Note: In 2002 he received 30,000 GE. 62000 98000 81000 40000
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