Math, asked by banosaishta, 3 months ago

arka took a loan of rupees 1,60,000 from a finance company to buy a car. if the company charges interest on 20 per annum, compounded quarterly, what amount will discharge his dept after 1 year.

Answers

Answered by tajnemahendra

1

Answer:

amount =160000×(1+5/100)4

=194481

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