Question

Swati took a loan of ₹16000 from State Bank of India for 3 years at the rate of 12.5% per annum,compounded annually.Find the amount and the compound interest she has to pay at the end of 3 years to clear her debt,to the nearest rupee​

Answer 1

Answer:

22781.25

Step-by-step explanation:

16000×1×12.5÷100=2000

2000+16000=18000

18000×1×12.5÷100=2250

18000+2250=20250

20250×1×12.5÷100=2531.25

20250+2531.25=22781.25

answer 22781

Answer 2

Answer:

there is ur answer

Step-by-step explanation:

may be help u