Question

a man borrowed 10000 from a bank for 3 year at 10% per annum compound interest he repaid 4000 at the end of the first year and 2500 at the end of the second year calculate the amount of the money paid by him at the end of the third year to clear the loan​

Answer 1

Answer:

he had to pay 5500 rupees to the bank in third year to clear the loan