Question

The C.I on ` 16000 for 1 ½ years at 10% p.a payable half -yearly is

Answer 1

Answer:

5296

Step-by-step explanation:

ammount = compound interest + sum = sum (1+r/100)$t$   sum =  16000

r = 10% t = 3

compound interest = ammount - sum = 21296 - 16000 = 5296