Math, asked by dizzy1, 4 months ago

The cash price of (1) is ₹15,000. (2) decides to pay ₹2000 in cash followed by two equal half yearly instalments. If the rate of interest charged is 16% per annum compounded half yearly, find the value of eah instalment

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Answered by priyapriyakhajwania

Step-by-step explanation:

The cash prize of 1.₹15,000

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The cash price of (1) is ₹15,000. (2) decides to pay ₹2000 in cash followed by two equal half yearly instalments. If the rate of interest charged is 16% per annum compounded half yearly, find the value of eah instalment​

Answers

The cash price of (1) is ₹15,000. (2) decides to pay ₹2000 in cash followed by two equal half yearly instalments. If the rate of interest charged is 16% per annum compounded half yearly, find the value of eah instalment