shetty took a loan of 18000 rs to buy a tv set. if the bank charges compound interest at 12% p.a. during the second year, how much she will have to pay after 2 years
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Answer:
Rs 22,680
Step-by-step explanation:
For r=12%$,P=Rs.18000
A=18000(1+12.5/100) = Rs20,160
For r=12%$,P=Rs.20,160
A=20000(1+12.5/100)= =Rs.20,160=Rs.22,680
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