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A person borrowed a sum of money and paid it back in 3 equal annual installments of Rs.2,160 each.If the rate of interest charged is 20% p.a. compounded annually,calculate :(i)The sum borrowed (ii) The total interest charged.
This question has multiple parts. Therefore each part has been answered as a separate question on Clay6.com
isc
class12
modelpaper
2007
sec-c
q13
q13-b
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Apr 16, 2013
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sreemathi.v
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