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Bhupendra borrowed rs 6300 for a period of 2year 8month at 7%rate of interest per annum.find out how much amount he has to repa...Question
Bhupendra borrowed rs 6300 for a period of 2year 8month at 7%rate of interest per annum.find out how much amount he has to repay
Answers
Reiny
2 years, 8 months
= 1 + 8/12
= 5/3 years
interest = 6300(1.07)^(5/3) - 6300
= 1 + 8/12
= 5/3 years
interest = 6300(1.07)^(5/3) - 6300