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25 May, 06:45

Rocky lends $3000 to Ken at 10% per annum and the Ken lends the same sum to like at 12% per annum. Find kens gain over a period

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  1. 25 May, 10:31
    -1
    Let t = time

    Between Rocky and Ken:

    3000 + 3000 (.10) (t)

    Between Ken and Mike:

    3000 + 3000 (.12) (t)

    Kens gain = The difference
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