Question

[HINT: Interest of 3rd year = Amount after 3 years – Amount after 2 years)
16. Find the amount and compound interest on 15,000 for 3 years, the rate of interest being
8% for the first year, 5% for the second year and 10% for the third year.
the internet is comnounded
CQ
En 14:​

Answer 1

Answer:

Find the amount and the compound interest on $ 16000 for 3 years at 5% per annum, ... If the rate of interest is 8% per annum, what amount will she have to pay to the bank after 2 years ...