$20000 was taken as a loan for 3 years at 10% C.I annually. If $7000 is repaid at the end of 1st year & $6300 was paid at the end of the 2nd year, find the outstanding loan amount after 3 years.
$6000 compounded annually amounts to $7260. Find the time period.
Please solve both SINCERELY.
Please, I'll give 30 points.
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Answer:
ans is 13,300₹.
Step-by-step explanation:
The outstanding loan amount after 3 years is 13,300₹. I didn't understand the second question please clear the question......
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