SOLUTION: A man invest $2000 at 5% per annum simple interest in order to pay his son school fees.He pays the fees of $400 partly from the interest and partly from the capital invested. How m

Question 1141922: A man invest $2000 at 5% per annum simple interest in order to pay his son school fees.He pays the fees of $400 partly from the interest and partly from the capital invested. How much capital is left after 3 years?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!

and

He has $1,900 left after 3 years
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