A sum is to be paid back in 2 equal annual installments The interest is compounded annually at 12 per annum If each installment be Rs 11,760 then what is the sum 1 Rs 23443 2 Rs 19,875 3 Rs 43733 4 Rs 25437 5 None A sum is to be paid back in 2 equal annual installments The interest is compounded a...

Solution 2 Given that value of installment Rs ...

A sum is to be paid back in 2 equal annual installments. The interest is compounded...

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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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A sum is to be paid back in 2 equal annual installments. The interest is compounded...

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Business Math

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