Ramesh borrowed 12000 from Raman for 2 years at 12.5% per annual compound interest find the amount payable by Ramesh at the end of 2 years
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40
Step-by-step explanation:
P = 12000
R = 12.5%
T = 2 years
P1 = ₹12000
I1 = ₹1500
A1 = ₹13500
CI2= ₹1687.5
A2 = ₹15187.5
Amount that Ramesh could pay at the end of 2nd year = ₹15187.5
Answered by
45
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