Ratna obtained a loan of ₹25000 from the bank to renovate her house. If the rate of interest is 8% per annum, what amount will she have to pay to the bank after 2 years to discharge her debt.
3 answers
₹29160
check:
amount = 25000(1.08)^2 = 29160
you are correct
amount = 25000(1.08)^2 = 29160
you are correct
you are pelu
1 answer