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Ajay Sharma repays the borrowed amount of* 3,25,000 by paying * 30500 in the firstmonth and then decreases the payment by*1500 every month. How long will it take toclear his amount?[3 Marks] |
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Answer» let he pay in n th terma= 30500d= -1500a+(n-1)d= ln30500+(n-1)(-1500)=325000 |
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