mr x borrows rs 20000 at 4% CI and agrees to pay both the principal and interest in equal installments at end of each year . find the amount of these installments??
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The Indian Armed Forces are the military forces of the Republic of India. It consists of three professional uniformed services: the Indian Army, Indian Navy, and Indian Air Force. Additionally, the Indian Armed Forces are supported by the Indian Coast Guard and paramilitary organisations(Assam Rifles, and Special Frontier Force) and various inter-service commands and institutions such as the Strategic Forces Command, the Andaman and Nicobar Command and the Integrated Defence Staff. The President of India is the Supreme Commander of the Indian Armed Forces. The Indian Armed Forces are under the management of the Ministry of Defence (MoD) of the Government of India. With strength of over 1.4 million active personnel, it is the world's second-largest military force and has the world's largest volunteer army. It also has the third-largest defence budget in the world. As per 2015 Credit Suisse report, the Indian Armed Forces is the world's fifth-most powerful military, whereas the 2020 GlobalFirepower report lists it as the fourth most-powerful military.
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