Súbject: Mathematics
Scenario : A person keeps taking a loan of 1000 at the beginning of every month at a interest rate of
12% per annum added every month.
Question:5 ) What is amount he has to repay at the end of the year?
A)780
B)9360
C)12780
D) 21360
Answers
Answered by
0
improper question...
Answered by
2
Answer:
YOU CAN USE THE FORMULA :- A= P(1+R/100) whole power ‘N’
A - amount
P - principal = 1000
R - rate = 12% or 12÷100
N - time = 12 months
A = 1000(1+12/100)12
when you solve the equation you will get the answer. I can't solve because I don't have time.
I HOPE IT WILL HELP YOU PLEASE FOLLOW, THANK AND MARK ME AS BRAINLIST.
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