Question

Find the amount and compound interest on rupees 16000 for 2 years at 15 % interest being payeble anaully​

Answer 1

Answer:

Answer:21160Step-by-step explanation:A = P ( 1+r/100=)^nA = 16000 ( 1+ 15/100)^2A= 16000 (23/20)^2A= 16000 ...

Answer 2

Answer:

5160

Step-by-step explanation:

comoun Intrest :

$p.a( {1 + \frac{r}{100}) }^{n} where \: n \: is \: time$

$16000( {1 + \frac{15}{100} )}^{2} \\ 16000 \times \frac{115}{100} \times \frac{115}{100} \\ 16 \times 115 \times 11.5 \\ 21160$

Intrest = 21160-16000 = 5160