.A man borrows Rs 8160 from a finance company and has to return it in two equal annual instalments. If the rate of interest charged is 12.5% per annum, compounded annually, find the instalment.

Q: What will be the compound interest on a sum of ₱25,000 after 3 years at the rate of 12% per annum?

A:

Q: A man starts his job with a certain monthly salary and earns a fixed increment every year. If his…

A: let  x be the starting  salary and y be the fixed increament

Q: Calculate the number of months for money to double at 2.4% per annum compounded monthly

A: Let the principal invested is P  It will become 2P  Therefore, using the formula A=P1+rnnt where t…

Q: Suppose $100 is withdrawn at the EOY 2026, emptying an account that earns 7% interest, compound…

A:

Q: if the interest 1,280 has not been paid each year but had been allowed to compound, how much…

A:

Q: A computer is available for Rs. 39300 cash or for Rs. 12820 cash down payment and three equal half…

A:

Q: Since he was 23 years old, Ben has been depositing $200 at the end of each month into a tax-free…

A: Sol:- To solve this problem, we can use the formula for the future value of an annuity due: FV = PMT…

Q: A man starts his job with a certain m onthly salary and eams a fixed increment every year. If his…

A: Here every year same increment. So in 6year salary increase by 300rs  So in 1year salary increase…

Q: The total interest that had to pay for a loan of Rs.20000 for a period of x months under reducing…

A: It is given that, The amount of loan P=₨20000. Total interest paid under reducing balance=₨8000. The…

Q: If you have a loan of 140,000 at 9% per annum interest over 20 years and you have a monthly…

A: We have to find the how much is saved by increasing the payments.

Q: At what rate of interest compounded semi-annually for 8 years will be Rs. 3150 amount to Rs. 4720?

A: