Question

Rohan took a loan of rs.80000 from a nationalized bank at the rate of 12% per annum. Find the difference in the amounts that he would be paying after 2.5years of the interest is (a)compounded annually (b)compounded half yearly

Answer 1

ANSWER
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Rohan took a loan of rs.80000 from a nationalized bank at the rate of 12% per annum.  the difference in the amounts that he would be paying after 2.5 years of the interest is 
=compounded annually

Answer 2

Answer:

Compounded annually

Step-by-step explanation:

given

Rohan took a loan ao rs 80000 from a nationalized bank at the rate of 12 percent per annum

to find

the difference in the amounts that he would be paying after 2.5 years of the interest

answer compounded annually