Math, asked by rdhyanchandkarthick, 1 month ago

Find the compound interest and amount if rupees 16000 is borrowed from a finance company for 3 years at 2 1/2 % per annum

Answers

Answered by amrik5312

0

Answer:

16000+10.5%+10.5%+10.5% = 21587.772

Answered by yadavsaransh06

2

Answer:

Rs. 1230.25 & Rs. 17230.25, respectively.

Step-by-step explanation:

Sum = Rs. 16000

Time = 3 years

Rate = 2 1/2 % = 5/2 %

Amount = Rs. 16000(1 + 5/200)^3 = Rs. 17,230.25

Compound Interest = Rs. 17,230.25 - Rs. 16000 = Rs. 1230.25

Previous Question

Next Question

Similar questions

Science, 27 days ago

A giraffe is passing near the window. The giraffe is not visible in all the glass objects. Why? and give reason for it.

Hindi, 27 days ago

विकास की देन दूषित पर्यावरण संकेत बिंदु प्रगति करें और आवश्यकता व उसकी जवाबदेही विकास अवधारणा में पर्यावरण...

Hindi, 27 days ago

वसीयत कहानी की समस्याओं का चित्रण एवं अपने शब्दों में वर्णन कीजिए ...

Math, 1 month ago

Welp I’m dying this sucks...

English, 1 month ago

their was no unity _______ the bullets...

Science, 8 months ago

What would be IUPAC name for this coumpound...

Computer Science, 8 months ago

Problem Description On a busy road, multiple cars are passing by. A simulation is run to see what happens if brakes fail for all cars on the road. The only way for them to be safe is if they don't collide and pass by each other. The goal is to identify whether any of the given cars would collide or pass by each other safely around a Roundabout. Think of this as a reference point O ( Origin with...

Math, 8 months ago

12. Find the value of: 1- 2 + 3 - 4 + 5 - 6 + 7 - 8+ -20. [Hint. Pairing the numbers, we have required sum = (1 -- 2) + (3 - 4) + (5 - 6) ... (19 - 20) = (-1) + (-1) + (-1 + + (-1). There being 10 terms in all = -10.) 3. Calculate the sum: 3 + (-3) + 3 + (-3) + 3+ (-3) + ... terms is 15.