If Rs. 7500 are borrowed at com-
pound interest at the rate of 4%
per annum. then after 2 years the
amount to be paid is-
Answers
Answered by
7
Answer:
A=P(1+R/100)n
=7500(1+4/100)2
=7500(104/100)2
=7500(104/100)(104/100)
after cancellation
=3×104×26
=8,112
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