(iii) the amount at the end of third ye
11. Niharika took a loan of Rs 16000 against her insurance
1
policy at the rate of 24% p.a. compounded annually
2
for 3 years.
(1) What is the sum due at the end of first year?
(in
) What is the sum due at the end of second year?
(in) What is the sum due at the end of third year?
(iv) Find the total compound interest payable by Niharika
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Costs
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