Math, asked by Abhinav863936, 1 year ago

Sudhakar borrows 15,000 from a bank to renovate his house he borrows the money at 9% p a simple interest over 8 years what are his monthly payments

Answers

Answered by bansalneelu1988

3

Answer:

10800

Step-by-step explanation:

P=15000

R=9

T=8

Simple interest = PRT÷100

= 15000×8×9÷100=10800

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