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maria borrowed Rs 1400 at the rate of 6%(p.a) for 8 yers and 5 months .Find the amount she paid back?Asked by Anonymous
Maria borrowed Rs 1400at the rate of 6% (p.a.)for 8 years and 5 months .Find the amount she paid back?
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Answered by
Reiny
Amount = principal(1 + i)^n
your principal is 1400
i = .06
n = 8 + 5/12 = 101/12
you will definitely need a calculator, what answer did you get ?
your principal is 1400
i = .06
n = 8 + 5/12 = 101/12
you will definitely need a calculator, what answer did you get ?
Answered by
umar
2231.387
Answered by
asad
Maria borrowed Rs 1400at the rate of 6% (p.a.)for 8 years and 5 months .Find the amount she paid back?