Question

Calculate the compound Intrest accrued on Rs 16000 in 3 years, when the rates of intrest for successive years are 10%,12% and 15% respectively

Answer 1

Step-by-step explanation:

answer=22669 ok ok okok

Answer 2

Answer:

AMOUNT = Rs.22668.8  CI= Rs.6,668.80

Step-by-step explanation:

Whenratesofdifferentyearisgivenformulatocalculateamountis A=P(1+  

100

R  

1

​  

 

​  

)(1+  

100

R  

2

​  

 

​  

)(1+  

100

R  

3

​  

 

​  

)

Givenprincipalis16000

A=16000(1+  

100

10

​  

)(1+  

100

12

​  

)(1+  

100

15

​  

)

A=16000(1.1×1.12×1.15)

A=16000×1.4168

A=22668.8

Amountwillbe22668.8

∴  Compound interest accrued will   be =22,668.80−Rs.16,000=Rs.6,668.80

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