defence exam SSB Head Constable (Communication) 2023 Mock Test Quantitative Aptitude Interest Installments
Raghuvir takes a loan of ₹1,82,000 at an interest rate of 20% compound interest, which is compounded annually. He pays back in three equal instalments in 3 years, one instalment at the end of every year. Find the value of each instalment.
1
84800
2
84600
3
86400
4
86800