Question

Kamala borrowed 26,000 from a bank to buy a scooter at a rate of 15% p.a. compounded
yearly. What amount will she pay at the end of 2 years and 4 months to clear the loan?
(Hint: Find A for 2 years with interest is compounded yearly and then find SI on the 2nd year
4
amount for years)

Answer 1

$2x + 3y = 7$

72x+3y=7