31) Nisha obtained a loan of Rs 2500 from State Bank of India If the rate of interest - Maths - Quadratic Equations

Question

31) Nisha obtained a loan of Rs 2500 from State Bank of India If
the rate of interest is 8 % per annum compounded annually, what
amount she has to pay back to the bank to clear her debt after 2
years?
(Answer: Rs 29160)

Amit Shukla · Accepted Answer

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31) Nisha obtained a loan of Rs. 2500 from State Bank of India. If the rate of interest is 8 % per annum compounded annually, what amount she has to pay back to the bank to clear her debt after 2 years? (Answer: Rs 29160)

31) Nisha obtained a loan of Rs. 2500 from State Bank of India. If the rate of interest is 8 % per annum compounded annually, what amount she has to pay back to the bank to clear her debt after 2 years?
(Answer: Rs 29160)