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Alok borrows an amount of Rs8000 …

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Alok borrows an amount of Rs8000 to buy a tablet.if the rate of interest is 15% per annum,compounded annually,find the amount to be paid by him at the end of two years.
  • 1 answers

Kunal Kaushik 6 years, 2 months ago

P(1+r/100)2-1 8000(1+15/100)2-1 8000(23/20)2-1 8000(529/400-400) --2580
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