1. X LTD borrows Rs 200000 at 8% compounded annually. Equal annual payments are to be made for 6 years. However, at the time of the 4th payment, the company wants to pay off the loan. How much amount should be paid?
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1. X LTD borrows Rs 200000 at 8% compounded annually. Equal annual payments are to be made for 6 years. However, at the time of the 4th payment, the company wants to pay off the loan. How much amount should be paid?
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sorry I don't know
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7
Step-by-step explanation:
the time of the 4th payment,
the company wants to pay off the loan. How
much amount should be paid
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