Kareen borrowed a sum of Rs15000 from a finance company to buy an air conditioner. If the rate of interest is 5% per annum compound annually, find the compound interest kareena has to pay after 2 years.
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Step-by-step explanation:
Bring home the best ACs with the latest features and make your home a more comfortable living space. Choose the Bajaj Finserv EMI Network to shop for the best ACs from brands Blue Star, Godrej, Haier, Hitachi, Voltas, LG, etc. and divide the cost on EMI. All you need to do is walk into your favourite store, ask for EMI Network from Bajaj Finserv, and convert the price of the air conditioner chosen by you into EMIs.
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