Math, asked by Anku4727, 1 year ago

A sum of Rs 7500 is to be paid back in three equal annual installments .How much is each
installment if the interest is compounded annually at 4% p.a.?
(a) Rs. 1000.05
(b) Rs 981.65
(c) Rs 163.58
(d) Rs 2701 .61

Answers

Answered by shivamkssks04

3

compounded anually is given........define for whichwe r to solve

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