Question

A man borrows some money at the rate of 5% p.a. compounded annually and at the end of each year he pays back Rs.400 and he pays Rs.8400 at the end of the third year to clear all his debt, then find out borrowed money.​

Answer 1

Answer:

... 5% p.a. compounded annually and at the end of each year he pays back Rs. 400 and he pays. Rs. 8400 at the end of the third year to clear all his debt, then find out borrowed money?. 1. See answer .