Accountancy, asked by fastestmanalive845, 29 days ago

Determine the annual payment necessary to repay a rs 60,000 loan if interest is computed at 10% per year compunded anually. Assume the period of loan is 8 years. How much interest will be paid over 8 year peiod?

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Answered by asmitshaw939

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Determine the annual payment necessary to repay a rs 60,000 loan if interest is computed at 10% per year compunded anually. Assume the period of loan is 8 years. How much interest will be paid over 8 year peiod?

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