Respuesta :

Given the cost of the room 85000.

Rate of interest 12%

time =5 months=5/12 year

IN 5 months he will pay as interest

[tex]85000\times\frac{12}{100}\times\frac{5}{12}=4250[/tex]

In total, he will pay

[tex]85000+4250=89250[/tex]

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