How much should be the annual installment to completely pay off a debt of Rs. 1078 in 6 years at 9% per annum rate of interest?

🎲 Try a Random Question  |  Total Questions in Quiz: 28  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Business Mathematics Practice Test: Interest — practice the complete quiz, review flashcards, or try a random question.


How much should be the annual installment to completely pay off a debt of Rs. 1078 in 6 years at 9% per annum rate of interest?