Let the amount be 100 units Interest = 15% 4th year -------------- 100 unit -------------45 (Interest of 3 years) [Interest is at the end] 3rd Year -------------- 100 unit ----------- 30 2nd Year --------------100 unit ------------ 15 1st Year ---------------100 unit ------------- 0 Total Interest = 45 + 30 + 15 + 0 = 90 Total Amount = 400 + 90 = 490 units 490 units = 1960 1 unit = 400 Formula Method :- Formula for Annual Payment/ Annual Income / Annual Installment = (Due Debt ×100)/(100 ×t+ (r × t ×(t-1) )/2) = (1960 ×100)/(100 ×4+ (15 × 4 ×(4-1) )/2) = 196000/(400+90) = 400
Citronella is commercially propagated through
Which poultry disease is also known as New Castle Disease?
A female chicken under one year of age is commonly known as
Which of the following statement is correct regarding the Agriculture Infrastructure Fund?
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Where is Indian Institute of Water Management situated?
India's first Agriculture University is established in which state?
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The weeds that produce all or most of their vegetative growth beneath the water surface, having true roots, stems and leaves are:
Which of the following is NOT an element of marketing mix?
Which type of emulsion found in MILK-