Sonu borrowed a sum of 2000 from a Bank for 18 months if the rate of interest is 10% - Maths - Algebraic Expressions

Question

Sonu borrowed a sum of ?2000 from a Bank for 18 months if the rate
of interest is 10% per annum compounded half-yearly find the amount
that he has to repay after 18 months

Mrigendra Kumar Singh · Accepted Answer

Dear Student,

Amount that he has to repay =Rs 2315 25

Regards

Sonu borrowed a sum of ?2000 from a Bank for 18 months if the rate of interest is 10% per annum compounded half-yearly find the amount that he has to repay after 18 months