Math, asked by deguzmanrushemei, 2 months ago

2.Andy obtained a loan of $ 125000 from the Allahabad Bank for buying computers. The bank charges compound interest at 8% per annum, compounded quarterly. What amount will he have to pay after 5 years to clear the debt?

Answers

Answered by bbaljinder858

Answer:

Previous Question

Next Question

Similar questions

Math, 1 month ago

Chrissy spent $5 on supplies and lemonade powder for her lemonade stand. She charges $.05 per glass. Write a function P(x) to represent her profit per glass sold...

English, 1 month ago

gagan killed___bit of hope i had of him. A)little B)a little C)the little D)a few...

Science, 1 month ago

what are magnets used for...

Physics, 2 months ago

find the energy in kWh consumed by four devices of power 500 w each...

Physics, 2 months ago

magnitude of 3i cap+ 2j cap+ k cap is...

Biology, 8 months ago

name the component which is not present in cell membrane...

Social Sciences, 8 months ago

state true or false:the western ghats are discontinue and irregular and dissected by river draining into the bay of bengal...

English, 8 months ago

fill in the blanks with suitable modals : ( a )options :can , may, would, must 1. I – try my luck. 2. you – read this book. it is a useful book. 3. she -- tell a lie at any time. 4.-- she live long.

2.Andy obtained a loan of $ 125000 from the Allahabad Bank for buying computers. The bank charges compound interest at 8% per annum, compounded quarterly. What amount will he have to pay after 5 years to clear the debt?​

Answers

2.Andy obtained a loan of $ 125000 from the Allahabad Bank for buying computers. The bank charges compound interest at 8% per annum, compounded quarterly. What amount will he have to pay after 5 years to clear the debt?