(i.e.
16. A company manufacturing plasma T.V.
borrowed 10 crores from a finance company
annually. What amount they will have to pay
for 10 years at 18% interest compounded
back to the finance company after 10 years?
[Given (1.18) 10 = 5.2338]
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i.e.
16. A company manufacturing plasma T.V.
borrowed 10 crores from a finance company
annually. What amount they will have to pay
for 10 years at 18% interest compounded
back to the finance company after 10 years?
[Given (1.18) 10 = 5.2338
Step-by-step explanation:
18% comisision multiple in 10 yera
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