Adam borrowed some money at the rate of 6% p.a. for the first two year

1.	Adam borrowed some money at the rate of 6% p.a. for the first two years, at the rate of 9% p.a. for the nextthree years, and at the rate of 14% p.a. for the period beyond five years. If he pays a total interest of 711400 atthe end of nine years, how much money did he borrow?
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Adam borrowed some money at the rate of 6% p.a. for the first two years, at the rate of 9% p.a. for the nextthree years, and at the rate of 14% p.a. for the period beyond five years. If he pays a total interest of 711400 atthe end of nine years, how much money did he borrow?

Answer»

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