Question

Pule.
Q.12 Usha deposited Rs 16000 in a finance company which pay 3/2% interest per year.
Find the amount she is expected to get after 4 years.​

Answer 1

Step-by-step explanation:

16000 × 3/2

8000 × 3

24000

now we will multiply 24000 with 4 so as to get the exact amount.

24000 × 4

= 96000

Answer 2

Answer:

Step-by-step explanation:

P= 16000

R=1.5%

T=4y

I=?

A=?

I=PRT/100

16000X1.5X4/100=960

A=P+I

=16000+960

=16960