Dheerubhai borrowed from District Cooperative Bank a sum of 2,000 to install a handpump in
his dairy. If the rate of interest is 8% per annum, calculate the compound interest that Dheerubhai
pars to the bank after 1
bany at 15% per annum for 2 years at compoun
1
years. The interest is compounded quarterly.
2 by using S. I formula...
don't spam
Answers
Answered by
2
Answer:
Amount after I l/2yrs(Qly)A = 2000x(1,02) ^6= Rs2252He should pay ... to install a handpump in his diary. if the rate of interest is 8% per annum ... of 1 and 1/2 yrs towards Loan.
3 votes
Answer:Amount after I l/2yrs(Qly)A = 2000x(1,02) ^6= Rs2252He should pay Rs2252 at the endof ... More
Similar questions