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An employee borrowed a 3 year loan of ` 10,000 at 9% from his employer to buy a motorcycle. If employer requires three equal end-of-year repayments, then the annual instalment will be _______ .

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1500+ Business Management questions.

The UGC NET management syllabus consists of these 10 units:

Management
Organizational Behaviour
Human Resource Management
Financial Statements
Financial Management
Strategic Management
Consumer and Industrial Buying Behavior
Statistics for Management
International Business
Entrepreneurship Development


An employee borrowed a 3 year loan of ` 10,000 at 9% from his employer to buy a motorcycle. If employer requires three equal end-of-year repayments, then the annual instalment will be _______ .






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