Taniya borrowed 35,400 from a bank to buy a vehicle at a rate of 12% p.a. compounded annually. What
amount will she pay at the end of 2 years 3 months to clear the loan?
Answers
Answered by
1
Answer:
the answer is 200838.643
Answered by
3
Answer:
44958
Step-by-step explanation:
35400 x 12 x 2 1/4
=--------------------------
100
35400 x 12 x 9/4
=-----------------------
100
35400 x 12 x 9
=--------------------
100 x 4
=354 x 3 x 9 [After cancellations]
=9558
35400 + 9558 = 44958
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