3
Ruhi obtained a loan of 55,000 from a national bank to renovate her house. If the rate of intera
12% per annum, what amount will she have to pay to the bank after 3 years to discharge her deb
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Answered by
1
Answer:
35200
Step-by-step explanation:
I=P×R×N upon
100
=55000×12×3 upon
100
1980000 upon
100
I=19800
A=P-I
A=55000-19800
=35200
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