Monica borrowed rupees 75000 from a private finance company at the rate of 10.5% p.a. for 3 (1/2) years. How much money has she to pay at the end of 3 (1/2) tears?
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All the information is given to you. You just have to simply apply the formula and you will get the answer.
C.I = P[(1+r)power of n - 1]
Kindly comment if can't understand.
Hope it helps you!
C.I = P[(1+r)power of n - 1]
Kindly comment if can't understand.
Hope it helps you!
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