A man arranges to pay off a debt of Rs 3600 by 40 annual installments which are in A.P. When 30 of the installments are paid he dies leaving one-third of the debt unpaid.Find the value of the 8th installment.

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.40TI: Susana invested a principal of $36,000 in her bank account with interest rate 6.5%. How much...
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A man arranges to pay off a debt of Rs 3600 by 40 annual installments which are in A.P. When 30 of the installments are paid he dies leaving one-third of the debt unpaid.Find the value of the 8th installment. 

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