Muzahid wants to borrow Tk. 2,00,000 from a bank. The amount with interest rate of 15% is to be repaid 18 months from now. How much will be the repayment amount?
Created: 6 years ago |
Updated: 2 years ago
best des
here,
r = 15/100
t = 18/12 yr
so,Interest, I = (200000×15×18)/(12×100)
= 45000 tk
so, total repayment amount = 200000 + 45000
= 245000tk
ans: 245000tk
Md Azizur Rahman
Founder of Satt
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