1.

Arif took a loan of Rs80,000 from a bank. If the rate of interest is 10% per annum, findthe difference in amounts he would be paying after yearsif the interest is (i) Compounded annually(ii) Compounded halfyearly

Answer»

Arif took a loan of Rs
80,000 from a bank. If the rate of interest is 10% per annum, find
the difference in amounts he would be paying after
years
if the interest is


(i) Compounded annually


(ii) Compounded half
yearly



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