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.
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.
Chapter4: Gross Income: Concepts And Inclusions
Section: Chapter Questions
Problem 55P
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