4. Rakesh borrowed 50,000 from Allahabad Bank to buy a two-wheeler at 8% p.a. compounded
annually. What amount will he pay to the bank after 3 years to discharge his
debt?
Answer is ₹62,985.60
Please tell the solution.
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Here is your answer
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heres your answer
Step-by-step explanation:
and after 314928 /5 =₹62985.6
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