 | Edward Elihu Whitfield - 1900 - 326 σελίδες
...Hotel in Liverpool. 61. A banker borrows a sum of money at 3^ per cent, and pays the interest (simple) at the end of the year : he lends it out at 5 per cent, but receives the interest (also simple) every half year, and by this gains .£200 a year. How much did he borrow ? 62. A ship's... | |
 | 1920 - 392 σελίδες
...1700 cost of first farm. $6000— $1700=$4300, cost of the other. A borrows money at 4% per annum, and pays the interest at the end of the year. He lends it out at the rate of 5% per annum, and receives the interest half-yearly. By this means he gains $100 a year.... | |
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A banker borrows money at 3^ per cent, per annum, and pays the interest at the end of the year ; he lends it out at the rate of 5 per cent, per annum, but receives the interest quarterly, and by this means gains £200 a-year ; how much does he borrow... 
