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Arif took a loan of Rs. 80, 000 from a bank. If the rate of interest is 10% p.a., find the difference in amounts he would be paying after 112 years if the interest is i. compounded annually and ii. compounded half-yearly

Arif took a loan of Rs. 80, 000 from a bank. If the rate of interest is 10% p.a., find the difference in amounts he would be paying after 112 years if the interest is
i. compounded annually and
ii. compounded half-yearly

Grade:12th pass

1 Answers

Pawan Prajapati
askIITians Faculty 60796 Points
2 months ago
Our expert is working on this Class X Maths answer. We will update the answer very soon.

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