Math, asked by brilliantboyharsh, 10 months ago

find the amount and compound interest of rupees 16000 for four years at the rate 8% per annum, compounded annually.

Answers

Answered by lubna165

1

Step-by-step explanation:

P=Rs16000

T=4 years

R=8%

Amount =P[1+R/100]^t

=16000(1+8/100)^4

=16000 x 1.36

=Rs21760

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