A man borrows rupees 6000 at 5% compound interest if he repays rupees 1200 at the end of each year find the amount outstanding at the beginning of the third year

A man borrows rupees 6000 at 5% compound interest if he repays rupees

1.	A man borrows rupees 6000 at 5% compound interest if he repays rupees 1200 at the end of each year find the amount outstanding at the beginning of the third year
Answer» A man borrows rupees 6000 at 5% compound interest if he repays rupees 1200 at the end of each year find the amount outstanding at the beginning of the third year