Question

question with the solution of the formula :-
A=P×( 1 +R/4+100)^4n (quarterl)​

Answer 1

Answer:

Renu took a loan from a usurer(greedy moneylender) due to her poor condition.

As usual the moneylender charged too much.

Renu took a loan of ₹10,000 and the usurer charged her with an extremely high rate of 25% per 3 months, compounded.

Find how much will Renu have to pay after 2 years.

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