Question

Monika borrowed ₹ 4,096 from shalini for three years at 25/4 % per annum. find the amount and the compound interest paid by her to shalini after three years if the internet compounded annually​

Answer 1

Step-by-step explanation:

₹ 4,096 from shalini for three years at 25/4 % per annum. find the amount and the compound interest paid by her to shalini after three years if the internet compounded annually

Answer 2

Step-by-step explanation:

$intrest = \frac{4096 \times 25 \times 3}{100 \times 3} \\ = 1024$

the compounded intrest is 4096+1024=5120