Question

6 Find the amount to be paid at the end of 4 years in each
case.
(a) Principal = * 16,00 at 10% p.a.
(b) Principal = * 6,800 at 15% p.a.​

Answer 1

Answer:

Solution of (a),

1st interest =( 1600 * 10 * 4 ) / 100

= 640

so amount = p + i

= 1600+ 640= 2240 answer

Now ,

Solution of b can be done in same way.....

Explanation:

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