SOLUTION: hari borrowed rs450 from his friend at 6% per annum. he returned the amount after 8months.How much money did he pay?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: hari borrowed rs450 from his friend at 6% per annum. he returned the amount after 8months.How much money did he pay?       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 935764: hari borrowed rs450 from his friend at 6% per annum. he returned
the amount after 8months.How much money did he pay?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=450*(1+0.06/0.66)
A=450*1.091
A=490.95