1. A loan of 21,200 is to be returned in two equal annual instalments.

1.	1. A loan of 21,200 is to be returned in two equal annual instalments. If the rateof interest is 12% per annum, compounded annually, calculate the value of eachinstalment.
Answer» <P>Answer: 28,18,88,768 Step-by-step explanation: A = p(1 + r/100)^t or A = 21200(112/100)^t or A = (212*112)^2 or A = 56,37,77,536 A is in 2 INSTALLMENTS, so for each installment's price is A/2 = 28,18,88,768 Mark brainliest if you can

1. A loan of 21,200 is to be returned in two equal annual instalments. If the rateof interest is 12% per annum, compounded annually, calculate the value of eachinstalment.

Answer»

<P>Answer:

28,18,88,768

Step-by-step explanation:

A = p(1 + r/100)^t

or A = 21200(112/100)^t

or A = (212*112)^2

or A = 56,37,77,536

A is in 2 INSTALLMENTS, so for each installment's price is A/2 = 28,18,88,768

Mark brainliest if you can

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1. A loan of 21,200 is to be returned in two equal annual instalments. If the rateof interest is 12% per annum, compounded annually, calculate the value of eachinstalment.​

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1. A loan of 21,200 is to be returned in two equal annual instalments. If the rateof interest is 12% per annum, compounded annually, calculate the value of eachinstalment.