calculate the amount and the compound interest when rs 16000 is invsted for 3 yearsa at the rate of 5% p.a

calculate the amount and the compound interest when rs 16000 is invsted for 3 yearsa at the rate of 5% p.a

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Athena

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  1. Answer:

    so, invested amount(p) =16000

    time(t)=3year interest’srate(r)=5%. interest(I)=? so, we know that(I)=prt÷100 ={16000×3×5}÷100 =2400(answer)

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