Question

Find the interest paid by Yana if she borrowed rupees 8000 for 2 1/2 years given that the rate of interest is 10% p.a. compounded annually
IC THE ANSWER IS RUPEES 2164 THAN PLEASE EXPLAIN FULL ANSWER
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Answer 1

Answer:

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Explanation:

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Answer 2

Answer:

p

$p = 8000 \\ t = 12 \times 2 + 6 = 30 \\ r = 10 \\ c = \frac{ptr}{100} \\ \frac{8000 \times 30 \times 10}{100} \\ = 24000$

Explanation:

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