What annual payment will discharge a debt of Rs 808 due in 2 years at 2 per annum?

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What annual payment will discharge a debt of Rs 808 due in 2 years at 2 per annum?

840.64. Hence, Annual payment that will be discharge is Rs. 840.64.

What annual installment will discharge a debt of Rs 1116 due in 3 years at 8\% per annum compound interest?

[Solved] What annual installment will discharge a debt of Rs. 10866 i.

What annual payment will discharge a debt of Rs 19350 due 4 years hence at the rate of 5\% simple interest?

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The interest for the 2nd year = (19350-x)*0.05 = 967.5-0.05x. After 2 years, the principal will be 19350-2x. Therefore, the total to be paid after 4 years = 19350 + 4(967.5)-0.05x-0.1x-0.15x; which is equals to 4x (the annual installments over the 4 years).

What annual payment will discharge a debt of 7620 due in 3 years at 16 2 3 per annum compound interest?

Thus, the annual payment that will discharge a debt of Rs 7620 due in 3 years at $16\dfrac{2}{3}\%$ per annum interest is Rs 3430. Hence, the correct option is (c) 3430.

What annual payment will discharge a debt of 848 in 8 years at 8 per annum?

Simple Interest = 542.72 Annual Payment of 542.72 will discharge.

What annual payment will discharge a debt of Rs 1025?

560.75. Complete step-by-step answer: We have been given a debt of Rs 1025 which has to be paid in 2 years.

What annual payment will discharge a debt of Rs 1696?

400=P is the periodic payment that should be made to clear the loan of 1696.

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What equal annual payment will discharge a debt of Rs 1025?

What annual installment will discharge a debt of Rs 2210 due in 4 year at the rate of 7\% simple interest?

Thus, the annual instalment of Rs. 500 will discharge a debt of Rs. 2210 due in 4 years at 7\% simple interest.

What amount payment will discharge a debt of Rs 1092?

$ \Rightarrow X = \dfrac{{1485.12}}{{3.36}} = 442$ Rs. So this is the required annual installment we have to pay that will discharge a debt of Rs. 1092. Hence option (C) is the required answer.

What annual payment will discharge a debt of 848 /- in 4years at 4\% pa?

848 due in 4 years at 4\% Simple Interest? Similarly 2nd, 3rd, 4th instalment will be equal to Rs. 108, Rs.

What annual payment will discharge a debt of 1025 due in 2 years?

How to clear debt of 1092 in 3 years?

Here is the answer! First of all he has to pay some amount in 3 annual installment for to clear debt amount of 1092. In first year he should pay the instalment + Remaining two installments interests . In second year again he pay the Instalment+ remaining one year instalment interst. In 3rd year he pays the installment

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What is the meaning of Rs 1092 in a bank loan?

Rs 1092 is the money you took as loan to buy a wrist watch (suppose) on installments and The first installment has to be paid after 1 year.That means if you took loan in january then you have to pay 1st installment in next january.

How can I double my principal amount in 8 years?

There are simple methods to count to number of years it will take to double your money using simple interest and compound interest. For simple interest, the formula is : r=100/n , where r is the rate of interest and n is the number of years. I want to double my principal amount in 8 years so at what simple interest rate should I invest my money?