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A person bought a house paying rs.20000 cash down and rs. 4000 at the end of each year for 25 years at 5% p.a compound interest. the cash down price is??



cash down=4000
A=cash down X (100+R/100)²⁵
  =4000 X (105/100)²⁵
  =4000 X (1.05)²⁵
  =4000 X 3.38(approximately)
total cash down=A+P
6 2 6
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