Math, asked by alamyasminamin222, 10 months ago

swati tack a Loan of rd 16000 against in insurance policy of at the rate of 25% per annum calculate the total compound interest payable by away I after 3 years​

Answers

Answered by rinkigiri35
1

Answer:

Step-by-step explanation:

Compound interest = A-P

Amount = P(1+R/100)³

= 16000(1+25/100)³

= 16000(5/4)³

= 16000×5×5×5/4×4×4

= 250×125 = 31250

Compound interest = 31250-16000

= 15250

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