Time value of money
1/7 of a money is deposited at 4% per annum , Â½ of a money deposited at 5% per annum
and the remaining at the rate of 6%, then total interest gained 730 find deposit amount
Assume total Amount is X. Find out interest for 1/7th of X, 1/2 of X and balance amount. Total is 730. Frame an equation and solve it.
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