Ravi purchased a house from DDAon credit. If the cost of the house is 7,50,000 and DDA charge intrest at 6%per annum compounded annuually find intrest paid by ravi if he nakes payment to DDA after three years?plsss send the process in the question......
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Total interest of 3 years as per year of 6% and house cost is 7,50,000 and three years of interest is 18% it mean total interest is 18% and 6% of house cost is 45,000 lets multiply this by 3.
45,000 x 3 = 1,35,000
Total interest of 3 years paid by ravi is 18% = 1,35,000.
45,000 x 3 = 1,35,000
Total interest of 3 years paid by ravi is 18% = 1,35,000.
julee8789054707:
Thanku very much
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