Method and examples
Installment
Problem 6 of 8

6. A man borrows money from a finance company and has to pay it back in equal installments of Rs each. If the interest is charged by the finance company at the rate of % per annum compounded as installment plan, find the principal and the total interest paid.
 
 
SolutionExample

 
Copyright © 2018. All rights reserved. Terms, Privacy