12) Mr. Vinay took a loan of Rs. 8,00,000 for a period of 8 years.
The Lender charged interest at 18% p.a. Compute the amount to
be repayable by Vinay if the lender charged.
a) Compound interest half-yearly.
b) Compound interest quarterly.
c) Simple interest only.
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Answer:t
Step-by-step explanation:
P×R×T/100
(C)800000×8×18/100
8000×8×18
64000×18
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