Math, asked by shriprathameshspatil, 4 months ago

7. David took a loan of 40,000 from a bank. If the rate of interest is 20% per annum, find the amounts
he will have to pay to the bank after 1 year, if the interest is
a. compounded annually
b. compounded half yearly

Answers

Answered by ssurajprasad77

1

Answer:

A compund 48,000 B compund 48,500 he is the right answer

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