Question

Pramod borrowed 60,000 at 12% per annum
compound interest. If he pays 50% of the sum
borrowed at the end of the first year and 50%
of the remaining loan at the end of the second
year, find the amount of loan outstanding at the
beginning of the third year.​

Answer 1

Step-by-step explanation:

interest if he pays 50% of the sum borrowed at the end… ... loan at the end of the second year find the amount of loan ...