A man had two grandchildren aged 10 and 14. He had 10,000 to will them...
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Accounting
A man had two grandchildren aged 10 and 14. He had 10,000 to will them and wanted to be equal amounts when they turned 21
The money would be put into bank account with a fixed rate interest rate of 6 percent
How much of 10,000 should go into each account in order for the two children to inherit equal sums?
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