Question

4. Sudhakar borrows ? 22500 at 10% per annum, compounded annually. If he repays ? 11250
at the end of first year and ? 12550 at the end of the second year, find the amount of loan
5. A man borrows 15000 at 12% per annum, compounded annually. If he repays ? 4400 at the
end of each year, find the amount outstanding against him at the beginning of the third year,
at the end of the third year.
outstanding against him at the end of the third year,

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Answer 1

Answer:

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