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A man borrows Rs. 5,800 at 12% per annum compound interest. He repays Rs. 1,800 at the end of every six months. Calculate the amount standing at the end of the third payment. Give your answer to the nearest rupee.

A man borrows Rs. 5,800 at 12% per annum compound interest. He repays Rs. 1,800 at the end of every six months. Calculate the amount standing at the end of the third payment. Give your answer to the nearest rupee.

Grade:12th pass

1 Answers

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

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