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2 years ago

15

Ritu started a business and borrowed a certain sum at 14% per annum for 1 year, the interest being compounded semi annually. If

she cleared the account by paying ₹1831.84 after one year, find the sum borrowed by ritu

1 answer:

liubo4ka [24]2 years ago

5 0

Use the formula A = p( 1 + x)^n.

A = 1831.84(1 + 0.14)^6

You can finish.

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