1 If compound interest on a certain sum of money at 5% per annum for 2 years is Rs. 246. The simple interest on the same sum for 4 years at 8% per annum is : A Rs. 786 Rs. 768 C Rs. 815
1 If compound interest on a certain sum of money at 5% per annum for 2 years is Rs. 246. The simple interest on the same sum for 4 years at 8% per annum is : A Rs. 786 Rs. 768 C Rs. 815
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter1: Functions
Section1.1: Functions Given By Formulas
Problem 2TU: What is your monthly payment if you borrow 5000 at a monthly rate of 0.61 and pay it off in 5 years?
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