Question

a person bought a house paying rs.20000 cash down and rs. 4000 at the end of each year for 25 years at 5% p.a compound interest. the cash down price is??

Answer 1

Thanks for asking the question.
P=20,000
Cash down=4000
R=5%
A=Cash down*(100+R\100)^25
  =4000*(1.05)^25
  =4000*3.38(approximately)
  =13520(approximately)
Total cash down n=A=P
                            =20000+13520(approximately)
                            =33520(approximately)
Hope it helps.

Answer 2

Answer:

Step-by-step explanation:

See the options are incorrect so go for 76375.77 because it is the right answer.