Question

Anita borrowed Rs. 50000 for 1 year 5 months at 12 % p.a. compounded annually.How much money will she have to pay back to settle the account.
ask answer

Answer 1

Answer:

Msrblog

Secondary School Math 5 points

Anita borrowed rs 50000 for 1 year month at 12 per annum compounded anually . how much money will she have to pay back to settle the account

Ask for details Follow Report by Jaishankarverma62 9 minutes ago

Answers

dattatraytambep8zmmp

dattatraytambep8zmmp Helping Hand

Answer:

Step-by-step explanation:

Principle - P =50000

Rate of interest - R=12

Time n =1

Compound annually

Formula to find out compound interest rate is

P(1+(r/100)) raise to 2

50000(1+(12/100)) raise to 1

=50000*13/100

500*13

=6500

There for compound interest =6500

Amount = 50000+6500=56500

So total amount need to pay on end of the year is 56500

0.0

0 votes

THANKS

0

Comments Report

Newest Questions

Sides of a cube are doubled. in what ratio will the surface area increase?

2. Rajiv bought a rope 35 cm 100 mm in length. He cut 2 cm and 150 mm. What is the length of therope in mm left with him?c. plz ans fast

What should be the selling price of a cow whose cost is rs.1500 to get 20%profit.

Hello everyone..follow me

A can eaten mangoes in 2 days and B can eat 20 mangoes in one day how for long will 25 I was last if both suffocating them together do Dinon Mein 10

In a race Nadeem starts to run when Punit had gone 1.76metres away.Nadeem and Punit in traverse 760 meter in 5 minutes and 6 minutes respectively. how

Shruthishukla sexy boobs vale hoo tum kitne legi ekk raath ke liye

Find the area of quadrilateralpqrs in which angle qps equal to sqr equal to 90 degree PQ equal to 12 cm is equal to 9 CM QR equal to 8 cm and ac is eq

In a G.P., the first term is 5 and the common ratio is 2. What is the afte term?

Shruthishukla sexy boobs vale hoo tum kitne legi ekk raath ke liye

Download iOS App

Download Android App

Answer 2

Answer:

this may have you ok bye