Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
| Q.7 | A loan of ₹8,925 is to be paid back in two equal half-yearly instalments. How much is each instalment if the interest is compounded half-yearly at 8% per annum? | |
| Ans | 1. ₹4,372 | |
| 2. ₹4,564 | ||
| 3. ₹4,654 | ||
| 4. ₹4,732 |
Correct Ans: 4
