A father left $20,000 to be divided among his four sons ages 6, 8, 10, and 12 years respectively so that each share placed at 4 1/2 compounded interest should amount to the same value when its possessor becomes the age 21.
Two persons sat down to play for a certain sum of money; and agree that the first who gets three games shall be the winner. After a few games they resolve to divide the stakes. How much should each person receive?
Two bicyclists travel in opposite directions around a quarter-mile track and meet every 22 seconds. When they travel in the same direction on this track, the faster passes the slower once every 3 minutes and 40 seconds. Find the rate of each rider
A certain slave fled from Milan to Naples going 1/10 of the whole journey each day. At the beginning of the third day, his master sent a slave after him and this slave went 1/7 of the whole journey each day.