Question:
25,000/- is borrowed at compound interest at the rate of 3% for first year, 4% for 2nd year and 5% for 3rd year. Find the amount to be paid after 3 years.
25,000/- is borrowed at compound interest at the rate of 3% for first year, 4% for 2nd year and 5% for 3rd year. Find the amount to be paid after 3 years.
Updated On: Aug 29, 2024
- 28,119/-
- 28,120/-
- 28,118/-
- 28,117/-
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The Correct Option is A
Solution and Explanation
The correct option is (A): 28,119/-
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