Question

Topic- Compound Interest

Aim :– ‘Role play’ on Compound Interest for the following situations:



1) Education loan​

Answer 1

Answer:

thanks for giving me points

Explanation:

thank u very much

Answer 2

Manager : What do you want?

Student : I want to apply for loan.

Manager : Where are you studying now?

Student : I am studying in Government Engineering College, Salem.

Manager : What branch have you chosen?

Student : I have chosen Mechanical branch. I need loan of Rs.80,000/- for my Professional studies.

Manager : What is your father?

Student : My father is Inspector of police in Mattur, Salem District.

Manager : I will sanction a loan of Rs.60000/-only. It is the limit.

Student : Shall I bring my father tomorrow?

Manager : Yes. Meet me tomorrow morning with your father.