Question

3. Abhishek borrowed RS 15625 from a f
finance company to buy T.V. If the rate
of interest be 16% compounded annually, what payment
will have to make after 9/4years?​

Answer 1

Answer:

Step-by-step explanation: Amount to be paid after 9/4 years =>. Principal (1 + interest/100)^9/4 => ... Rate! Thanks 2.

Step-by-step explanation:Amount to be paid after 9/4 years =>Principal(1 + interest/100)^9/4 => 15625(1+0.16)^2.25 =>15625(1.16)^2.25 =>15625(1.3964665)

Step-by-step explanation:

Answer 2

Answer:

P=15625

R=16%

T=9 yrs 4 months

or

$\frac{28}{3}$ year

_____________________♥

Simple interest ↓↓

$\frac{15625 \times 16 \times 28}{100 \times 3}$

=23333.33

Amount= P+S.I.=15625+23333.33 =24895.33

hope it helps....

@#opeless