What annual payment will discharge a debt of Rs 1092 due in 3 years at 12 simple interest?

What annual payment will discharge a debt of Rs 1092 due in 3 years at 12 simple interest?

{I_2} = \dfrac{{\left( {1092 – 2X} \right) \times 12 \times 1}}{{100}} = 131.04 – 0.24X$ Rs. $ \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.

What annual installment will discharge a debt of 1815 due in 3 years at 10 simple interest?

Taking LCM as 10 in LHS, we get $\dfrac{11x+12x+10x}{10}=1815$, simplifying further, we get $11x+12x+10x=18150$, on summing the LHS, we get $33x=18150$, Therefore, $x=\dfrac{18150}{33}=550$. Thus, the monthly installment will be Rs 550 and therefore option c) is the correct answer.

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

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

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

Annual Payment of 542.72 will discharge.

What annual installment will discharge a debt of Rs 2210 due in 4 years at 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 is annual payment?

Annual Payments means, with respect to any Material Contract, (x) the total amount of the payments expected to be paid or received, as applicable, under such Material Contract (y) divided by the total number of years of the term of such Material Contract. Sample 2.

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 $7620 due in 3years at 16 2 3 per annum interest?

x=7620*343/762=3430. Amount of each installment=Rs. 3430. What annual payment will discharge a debt of Rs 7620 due in 3 years at `16 2/3\%` per annum compound interest?