Question

Tazeen borrowed Rs. 6000 at 8% per annum compounded annually for 1 year and 4 months. The amount due at the end of the period is​

Answer 1

Answer:

6652.8/-

Step-by-step explanation:

6000*(1 + 8/100)^1

= 6480/-

6480*8*1/3 divided by 100

= 172.8/-

Amount = (6480+172.8)/-

= 6652.8/-