At the end of the years 2000, 2001 and 2002, an employee received amounts of money as recognition, and a total of 90,000 GE. The clerk invested the money at a 3 percent interest rate and ended up having from 2002 a fotal of 92,418 GE. If he had got 6 percent interest, it would have been 94872 GE. How much did he get paid in 2001? Note: In 2002 he received 30,000 GE.
At the end of the years 2000, 2001 and 2002, an employee received amounts of money as recognition, and a total of 90,000 GE. The clerk invested the money at a 3 percent interest rate and ended up having from 2002 a fotal of 92,418 GE. If he had got 6 percent interest, it would have been 94872 GE. How much did he get paid in 2001? Note: In 2002 he received 30,000 GE.
Chapter4: Gross Income: Concepts And Inclusions
Section: Chapter Questions
Problem 55P
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![At the end of the years 2000, 2001 and 2002, an employee received amounts of money as recognition, and
a total of 90,000 GE. The clerk invested the money at a 3 percent interest rate and ended up having
from 2002 a fotal of 92,418 GE. If he had got 6 percent interest, it would have been 94872 GE How much
did he get paid in 2001? Note: In 2002 he received 30,000 GE.
62000
98000
81000
40000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2e82b886-c4e0-4300-971b-7ca568021761%2F00c5859d-4798-4a67-9fb8-5198a2f9e210%2Fo8qa4f_processed.png&w=3840&q=75)
Transcribed Image Text:At the end of the years 2000, 2001 and 2002, an employee received amounts of money as recognition, and
a total of 90,000 GE. The clerk invested the money at a 3 percent interest rate and ended up having
from 2002 a fotal of 92,418 GE. If he had got 6 percent interest, it would have been 94872 GE How much
did he get paid in 2001? Note: In 2002 he received 30,000 GE.
62000
98000
81000
40000
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