Find the present worth of a bill whose face value is Rs.6264 due 4 months hence at 16% p.a.
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Answer:
Your answer is 6,514.5.
Hope this helps you out!
Step-by-step explanation:
16÷4=4
4% is added to the bill
4/100*6264
250.5
add this to the cost of bill
6264+250.5=6,514.5
If this doesn't help you then the method is in the picture see that and you can solve it!
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