What annual installment will clear a debt of ₹4,500 due in 5 years at 8% p.a. simple interest?
ATQ, To calculate the annual installment that will clear a debt of ₹4,500 due in 5 years at 8% p.a. simple interest, we use the formula for the total amount payable with simple interest: Total Amount Payable=Principal+(Principal × Interest Rate × Time) In this case: Principal = ₹4,500 Interest Rate = 8% (0.08) Time = 5 years Calculating the total amount payable: Total Amount Payable=4,500+(4,500×0.08×5) Total Amount Payable=4,500+(4,500×0.40) Total Amount Payable=4,500+1,800 Total Amount Payable=6,300 Calculating the annual installment:
Therefore, the annual installment that will discharge the debt of ₹4,500 due in 5 years at 8% p.a. simple interest is Rs. 1,260.
If the 9th step of an Input is ‘work in regard to making the district free’ which of the following would be Step IV?
What will be the 14th step for the following input?
Input: the rule changes will come into effect for
...Which element is between “depths” and “vitae” in step IV?
How many numbers are there in between “alliance” and “important” in step III?
Which element is third to the left of second element from the right end in step IV?
Input for Qs. 6 - 10: 28 33 92 35 73 46 84 11
In ste...
How many elements are there between ‘tall’ and ‘75’ in the second last step?
Which step would be the following output?
Tall 50 person 42 hope 32 equal 26 centre 22 75 wave
Which of the following would be the last step of the rearrangement?
How many elements are there between ‘03’ and ‘45’ in step-II?