Mathematics · Compound Interest
Ishan has ₹1,407 with him. He divides this amount between his two sons, Krish and Veer, and asks them to invest their respective shares at a compound interest rate of 10% per annum, compounded annually. Krish's investment amounts to the same value after 13 years as Veer's investment does after 14 years. How much (in ₹) did Ishan give to Veer?
- 1837
- 2737
- 3670✓
- 4520
Correct answer
670
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