Monthly installment =rupees 600
rate of interest =7%p.a.
maturity amount =rupees 15450
FIND THE TOTAL TIME TAKEN
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Answer:
Step-by-step explanation:
Amount = P × n + SI
15450
7n (n – 24) + 2575 (n – 24) = 0
(n – 24)(7n + 2575) = 0
n = 24, = 2 years
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