Kamala borrowed ₹26400 from bank to buy a scooter at a rate of 15%per annum compounded yearly.what amount will she pay at the end of 2 years and 4 months to clear the loan?
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Answer:
Rs. 1,02,960
Step-by-step explanation:
26400×15÷100
=3960
she pay the amount at end of two years and four months.
=3960×26 Months
=102960
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