Math, asked by Anonymous, 4 months ago

A company manufacturing plasma TV
borrowed Rs.10 crores from a finance company
for 10 years at 18% interest compounded
annually. What amount they will have pay
back to the finance company after 10 years.
(Given (1.18)' = 5.2338]​

Answers

Answered by dhruvsinghal9812
1

Answer:

1,80,00,000

Explanationation :

Principle + Interest = Amount

10,00,00,000 + Interest = Amount

Interest = Principle × Time × Rate%

= 10,00,00,000 × 10 × 18/100

= 10,00,000 × 10 × 18

= 1,00,00,000 × 18

= ₹1,80,00,000

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