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Akshay Mishra

· started a discussion

· 1 Months ago

Doubt (Question: 246987.0 )

Why have you written 625=625? Where did 1300 come from?

Question:
What annual payment will discharge a debt of Rs.14300 due in 2 years at the rate of 8% compound interest?
Options:
A) Rs.8019
B) Rs.7019
C) Rs.9019
D) Rs.9119
Solution:
Ans: (a)


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