Answer:
= 30,550 rupee owed
Step-by-step explanation:
yr1 = 50000 x 0.10^1 = 5000
5000 - 10000 = 5000 credit from debt.
yr 2 = 50000 x 1.10^2 = 500 debit from debt = 5000-15000= 10,000 credit from debt
yr 3 = 50000 x 1.10^3 = 50 debit from debt
5000 + 500 = 15000 where 50,000 owed initially and yr1 and yr 2 paid in full interest of 5500 and we deduct this from his payment = 25000-5500 =
19500 paid of initial and nothing owed on interest.
50000-19500= 30,500 rupees owed + 50 rupee interest.
= 30,550 rupee owed
Kevin would be 14 and Benjamin would be 10
Cuz it can help you later on in the fuchure
I think the answer would be d
