Math Problem Statement

Joh borrowed 2,10,000 from bant at 10% law loom repad 3 equal instalm +

Solution

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Math Problem Analysis

Mathematical Concepts

Loan Repayment
Interest Calculation
Installments
Annuity Formula

Formulas

A = (P * r * (1 + r)^n) / ((1 + r)^n - 1)

Theorems

Annuity Repayment Formula

Suitable Grade Level

Grades 10-12