Question

. Calculate the amount that needs to be repaid
at the end of 3 years if a sum of 1,20,000 is
borrowed on simple interest for the first year and
on compound interest for the next 2 years, with
the rate of interest in both the cases being 8% pa​

Answer 1

Answer:

Calculate the amount that needs to be repaidat the end of 3 years if a sum of 1,20,000 is

borrowed on simple interest for the first year and

on compound interest for the next 2 years, with

the rate of interest in both the cases being 8% pa