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CA Foundation doubt

Paul borrows ` 20,000 on condition to repay it with compound interest at 5% p.a. in annual instalment of ` 2,000 each. Find the number of years in which the debt would be paid off.

Asked by Ashutosh7 Mar 2024678 views

6 answers

  1. Ganesh · 7 Mar 2024

    It's 10.5 years may be

  2. Azra · 7 Mar 2024

    [A=P(1+it)^n] use this formula

  3. Sanjay · 7 Mar 2024

    About 14.sum years

  4. Yashwanth · 7 Mar 2024

    Can u plzz send the options?

  5. Kajal · 7 Mar 2024

    Options are their ?

  6. Ashutosh · 7 Mar 2024

    Anyone please can solve this question

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