Question

W A man 12
borrows Rs 1600 at 12.pa interest
for 3 yrs. Calculate how much he has to
Repay? [Hint : P-R11600, n=3, ra
9 In what time will Rs 2800 yeild an interest
127)​

Answer 1

Answer:

a man borrows rs 5000 at 12 percent compound interest payable every six months. he repays rs 1800 at the end of every six months . calculate the third payment he has to make at the end of 18 months in order to clear the entire loan.