Question

8. * 8,000 is lent out at 7% compound interest
for 2 years. At the end of the first year
3,560 are returned. Calculate :
(i) the interest paid for the second year.
(ii) the total interest paid in two years
(iii) the total amount of money paid in two
years to clear the debt.​

Answer 1

Answer:

1,120 is the Answer of this Question

Step-by-step explanation:

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