Question

a company manufacturing Plasma TV borrowed RS. 10 crores from a finance company for 10 years at1 8% interest compounded annually what amount they will have to pay back to the finance company after 10 years​

Answer 1

Refer the image.... ....

Answer 2

principal is rs100000000

rate is 18 percent

time is 10 years

$p \binom{1 + 18 }{100?} 10$

100000000(1.18)¹⁰

100000000×5.2338

=> rs 523380000.