A sum of money is borrowed and paid back in two annual installments of Tk. 882 each allowing 5% compound interest. The sum borrowed was :

A sum of money is borrowed and paid back in two annual installments of Tk. 882 each allowing 5% compound interest. The sum borrowed was : Correct Answer Tk. 1640

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An investor has a total capital of TA. 13,00,000 He invested a part of it in 3 percent annual interest and the reminder at 4 percent annual interest rate. If his annual interest amount was Tk. 44.00 how much did he invest in each?