a company manufacturing plasma tv borrowed 10 crore from a finance company for 10yrs at 18% interest compunded what - Maths - Squares and Square Roots

Question

a company manufacturing plasma tv borrowed 10 crore from a finance
company for 10yrs at 18% interest compunded what amount they will
have to pay back after 10 yrs

Varun Rawat · Accepted Answer

Principal, P = Rs 100000000Rate, R = 18% p
a
Time, n = 10 yrsAmount, A = P1 + R100n=1000000001 + 1810010=Rs 523383555
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a company manufacturing plasma tv borrowed 10 crore from a finance company for 10yrs at 18% interest compunded. what amount they will have to pay back after 10 yrs