find the amount of rupees 16000 for 3years, compund annually at 10% per anum
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Answered by
0
Answer:
THERE IS YOUR ANSWER
Step-by-step explanation:
A= p(1+R/100)the whole square n. A= 16000(1+5/100) the whole square 3. compound interest = 18522-16000 = 2522 rupees.
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Answered by
1
Answer:
amount = p( 1 x R/ 100 ) ÷ n
= 16000 ( 1 x 10 / 100 ) 3
= 16000 x 11 / 10 x 11 / 10 x 11 /10
= 16 x 11 x 11 x 11
= 21296( Answer )
he need to return 21296 rupees to the bank and the extra money is 5296.
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