Question

the interest for the first year when 16000rupees . instead for 3 years at 10% p.a compounded annually​

Answer 1

Answer:

Step-by-step explanation:

Answer:

23310

Step-by-step explanation:

Amount = P(1 +R/100)³

= 10000(1 + 10/100)³

= 10000(110/100)³

= 10000 x 110/100 x 110/100 ×

Vol 67

V

2

5.0

= 13310

Compound interest = Amount + Principal

= 10000 + 13310

= 23310