Method and examples
Installment
Problem 5 of 8

5. A State Government announces sale of flats of Rs cash or Rs cash down payment and equal installments. The Government also charges a nominal interest at the rate of % per annum copuounded as installment plan in this welfare scheme. If one purchases a flat under this installment plan, calculate the value of each installment.
 
 
SolutionExample

Share with your friends, if solutions are helpful to you.
 
Copyright © 2019. All rights reserved. Terms, Privacy