Tractors have traditionally been used on farms to mechanise several agricultural
tasks. Modern tractors are used for ploughing, tilling and planting fields in addition to
routine lawn care, landscape maintenance, moving or spreading fertiliser and
clearing bushes. Farmers can purchase it from any government or private agencies
by paying annual instalments.
A farmer buys a used tractor for rupees 12000. He pays rupees 6000 cash and
agrees to pay the balance in annual instalments of rupees 500 plus 12% interest on
the unpaid amount.
From the above given fact, answer the following
(i) Which concept of sequence is applicable here?
(ii) Write the terms of the sequence.
(iii) How much amount he has to pay after six instalments?
(iv) How much will the tractor cost him?
Answers
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Answer:
i- explanation
ii- english term
iii- idk
iv - 500000 in online amazon shoping
Step-by-step explanation:
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