Question

Find the amount and compound interest on Rs. 16000 for 2 years at 10% per annum,compounded annually.

Answer 1

Answer:

p = 16000 Rs

r = 10% p.a

n (time) = 3years ,a = p(1+r/100)^n,a = 16000(1+10/100)^2, a = 16000(10+1/10)^2, a = 16000*11/10*11/10, a = 160*121, a = 33760, c.i = amount - principle, c.i =33760 - 16000, c.i = 17760 answer.

Answer 2

Answer:

87888

Step-by-step explanation:

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