Rehman lent rs 16000 to Rasheed at the
rate of 12 1/2 per annum compound
interest find the payable by
Rasheed to Rahman after 3 years
Answers
Answered by
5
Step-by-step explanation:
16000 {1+(21÷200)}
16000 (221÷200)(221÷200)(221÷200)
43,175.44
Answered by
12
Answer:RS. 22781.25
Step-by-step explanation:
Given
P= 16,000
R=12.5
N=3
(1+R/100)^n
A=16000 (1+12.5/100)^3
A=16000× 1+12.5×10/100×10^3
A=16000×125/1000^3
A=16000(125/1000×125/1000×125/1000)
=RS. 22781.26
Similar questions