Question

A man borrowed Rs 8000 from a bank at 8% per annum. Find the amount he has to pay after 4 ½ years.

Answer 1

Answer:

10880

Step-by-step explanation:

[8 into 4  1/2] + 8000

{36/100 into 8000}+8000

2880+8000

10880

Answer 2

GIVEN:-

PRINCIPAL-8000

RATE-8% P.A.

TIME (n) -4 1/2 Years.

NOW:-

A=P(1+R÷100)^n

A=8000(1+8÷100)^4×(1+1/2×8÷100)

A=8000( 108÷100)^4 × (105÷100)

NOW SOLVE IT HOPE YOU GOT YOUR ANSWRS.