A man borrows Rs 12.000 at a compound interest rate of 8% per annum for 2 years. The lender
puts the condition that if the bo

Question

A man borrows Rs 12.000 at a compound interest rate of 8% per annum for 2 years. The lender
puts the condition that if the borrower fails to clear off his debt by the end of 2 years, he wil
increase the rate of interest to 10 per annum. How much will the man have to pay at the end of
years to clear off his debt

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Eliza 2 months 2021-07-30T03:39:37+00:00 1 Answers 0 views 0

Answers ( )

    0
    2021-07-30T03:41:17+00:00

    Answer:

    8 % of interest : 1920

    10 % of interest : 2400

    Step-by-step explanation:

    PLEASE MARK AS BRAINLIEST AND FOLLOW

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