Maria borrowed Rs 1400at the rate of 6% (p.a.)for 8 years and 5 months .Find the amount she paid back?

Answer 1

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 ?

Answer 2

2231.387

Answer 3

Maria borrowed Rs 1400at the rate of 6% (p.a.)for 8 years and 5 months .Find the amount she paid back?