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Class-9
Compound Interest
1. Find the amount and the compound interest on 16000 for 3 years at 5% per
annum, compou

By Eva

Class-9
Compound Interest
1. Find the amount and the compound interest on 16000 for 3 years at 5% per
annum, compounded annually. (A = 18522, CI = 32522)

plz answer fast​

About the author
Eva

1)Without actual division, find which of the following are terminating decimals
13/80,16/125,5/12,31/375​

A certain sum of money becomes 930 in 2 years and 1030 in 4 years . Find the principal?​

1 thought on “Class-9<br />Compound Interest<br />1. Find the amount and the compound interest on 16000 for 3 years at 5% per<br />annum, compou”

  1. Answer:

    Answer is 18522

    Step-by-step explanation:

    Because formula is

    Amount=p(1+r/100) ^n

    Then A=16000x (21/20)^3

    16000x 21/20x 21/20x 21/20

    A=18522

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