Question: Calculator Calculator View Instructor Question No: 05 This is a subjective question, hence you have to write your answer in the Text-Field given below. CI

Calculator Calculator View Instructor Question No: 05 This is a subjective question, hence you have to write your answer in the Text-Field given below. CI Co. allows you to write a post-dated cheque for 120 INR dated 15 days in the future for which they give you 100 INR today. If you are unable to pay off the foun, the interest is compounded every 15 days in a year. If you are unable to pay off the amount with interest for a year, how much is the amount due from your side to CICO? What is the APR and EAR of this arrangement? SM Response A-A 20000(Max. Upto 20000 Characters) Format - Table Insert - Formats - B 1 E 23 - E-1 Upload Answer Sheet Using - Mobile View Uploaded Images Chat Box (SREEJA BOSE) End Test

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