Question

Kamala borrowed Rs26,400 from a Bank to buy a scooter at a rate of

15%p.a. compounded annually. What amount will she pay at the end of

2 years and 4 months to clear the loan?

Answer 1

Step-by-step explanation:

principal:26400

rate:15%

time:2years 4months

Amount:?

Formula to find amount is:

principle + rate

.

so ,. principle =26,400+ rate=15%

hence,

principle=26,400

rate=15%

time=2years 4months

amount=26,415

.

.

.

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Answer 2

Answer:

Step-by-step explanation:

principal:26400

rate:15%

time:2years 4months

Amount:?

Formula to find amount is:

principle + rate

.

so ,. principle =26,400+ rate=15%

hence,

principle=26,400

rate=15%

time=2years 4months

amount=26,415

.

.

.

hope it will help you,

if it is , then please mark as brainliest

and follow me....