12. A man borrows * 10,000 at 10% compound
interest compounded yearly. At the end of
each year, he pays back 20% of the amount
for that year. How much money is left unpaid
just after the second year ?
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12. A man borrows * 10,000 at 10% compound
interest compounded yearly. At the end of
each year, he pays back 20% of the amount
for that year. How much money is left unpaid
just after the second year ?
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Answer:
the answer is rupees 7744
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