Accountancy, asked by usmantahir98997, 1 year ago

An amount of Rs. 4,000 is due for 2 year and Rs. 6,000 for 4 year; he want to discharge his whole liability with single payment of Rs. 12,000. After how many years, he would pay off this amount, if interest rate @ 6% p.a.

Answers

Answered by SnehaG

An amount of Rs. 4,000 is due for 2 year and Rs. 6,000 for 4 year; he want to discharge his whole liability with single payment of Rs. 12,000. After 2 years, he would pay off this amount, if interest rate @ 6% p.a.

usmantahir98997: plz give the answer if you know dont repeat the question

usmantahir98997: nope. answer is 7 years and 2 month. i just dont know how to calculate it.

usmantahir98997: can you help me out? about this question?

Answered by Jeet4213

The answer is 7 years 2 months

Previous Question

Next Question