# ICSE Class 9 Answered

**Compound interest without using formulas Question: A man borrows ₹5800@12%p.a. compound interest. He repays ₹1800 at the end of every six months. Calculate the amount standing at the end of the third payment.Give ur ans to the nearest rupee. Pls help me solve this sum...eventhough I tried a no. Of times,I wasn't able to solve it.and Ans must be ₹1177**

Asked by muskaanabdullah71.9spicertl | 05 Sep, 2020, 05:16: PM

Expert Answer

A similar question has already been answered.

Change P as Rs. 5800 and take amount repays as Rs. 1800

Click here to get the solution

Answered by Renu Varma | 07 Sep, 2020, 10:17: AM

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