Ram borrows 14000/- for 2 years at 10% per annum compound interest. he

1.	Ram borrows 14000/- for 2 years at 10% per annum compound interest. he pays 8000/- at end of first year. find the amount be pays at the end of first year before making the repayment,the principal of second year.
Answer» Step-by-step EXPLANATION: =14000 X 10% 2 =70000 8000 = 8.75%

Ram borrows 14000/- for 2 years at 10% per annum compound interest. he pays 8000/- at end of first year. find the amount be pays at the end of first year before making the repayment,the principal of second year.

Answer»

Step-by-step EXPLANATION:

=14000 X 10%

=70000

8000

= 8.75%

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Ram borrows 14000/- for 2 years at 10% per annum compound interest. he pays 8000/- at end of first year. find the amount be pays at the end of first year before making the repayment,the principal of second year.

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