6. A company manufacturing plasma T.V.
borrowed * 10 crores from a finance company
for 10 years at 18% interest compounded
annually. What amount they will have to pay
back to the finance company after 10 years?
[Given (1.18) 10 = 5.2338]
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523380
10,00,00,000×(1+0.18/100) 10
100000000×(1.18/100)10
10000000×(1.18)10
100000×5.2338
523380
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