×

# Math problem Please help

The price of a T.V. set worth $20,000 is to be paid in 20 installments of$1000 each. If the rate of interest be 6% per annum and the first installment be paid at the time of purchase, then the value of the last installment covering the interest as well will be. please also give the solution.

Note by Rajdeep Dhingra
3 years, 1 month ago

MarkdownAppears as
*italics* or _italics_ italics
**bold** or __bold__ bold
- bulleted- list
• bulleted
• list
1. numbered2. list
1. numbered
2. list
Note: you must add a full line of space before and after lists for them to show up correctly
paragraph 1paragraph 2

paragraph 1

paragraph 2

[example link](https://brilliant.org)example link
> This is a quote
This is a quote
    # I indented these lines
# 4 spaces, and now they show
# up as a code block.

print "hello world"
# I indented these lines
# 4 spaces, and now they show
# up as a code block.

print "hello world"
MathAppears as
Remember to wrap math in $$...$$ or $...$ to ensure proper formatting.
2 \times 3 $$2 \times 3$$
2^{34} $$2^{34}$$
a_{i-1} $$a_{i-1}$$
\frac{2}{3} $$\frac{2}{3}$$
\sqrt{2} $$\sqrt{2}$$
\sum_{i=1}^3 $$\sum_{i=1}^3$$
\sin \theta $$\sin \theta$$
\boxed{123} $$\boxed{123}$$

## Comments

Sort by:

Top Newest

Monthly installments? Yearly installments? Quarterly installments? Please specify what you meant in the problem clearly so as to avoid ambiguity!

- 3 years, 1 month ago

Log in to reply

Monthly installments

- 3 years, 1 month ago

Log in to reply

Ok, let me see if I can solve it. I have physics tuition in the evening, so if I post a solution, it'd be after 7 p.m or so.

The problem looks easy, but you know what they say, "Looks can be deceiving." :)

Also, could you state the nature of interest? Simple or compound?

- 3 years, 1 month ago

Log in to reply

Simple

- 3 years, 1 month ago

Log in to reply

Great! I'm on it. :)

- 3 years, 1 month ago

Log in to reply

Please Help!!!!!!!!!!!!!Fast

- 3 years, 1 month ago

Log in to reply

×

Problem Loading...

Note Loading...

Set Loading...