Mathematics · Compound Interest
What annual payment will repay a loan of ₹10,000 payable at 1623% per annum compound interest in 4 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹4,619.31
- 2₹2,613.91
- 3₹1,619.31
- 4₹3,621.41✓
Correct answer
₹3,621.41
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