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Ram loaned Shyam Rs. 25,000 at 12% interest compounded annually. Shyam will repay the loan in 6 equal end-of-year payments. The estimated inflation rate during this period is 3%. After taking the estimated inflation rate into account, what approximate rate of return is Ram really receiving on the loan?

46%

7.65%

8.74%

9.00%

Correct Answer

⚙️ TE • Technical Verified SolutionElectricalEconomics for Engineers

Option C

8.74%

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Practice and solve "Ram loaned Shyam Rs. 25,000 at 12% interest compounded annually. Shyam will repay the loan in 6 equa..." for Electrical - Economics for Engineers. The correct answer is Option C: 8.74%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.

Option **(c) **

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