Mohan borrowed Rs. 16000 for 3 years at 5% per annum compound interest – InterviewSolution

1.	Mohan borrowed Rs. 16000 for 3 years at 5% per annum compound interest. Calculate the amount that Mohan will pay at the end of 3 years.
Answer» Mohan borrowed Rs. 16000 for 3 years at 5% per annum compound interest. Calculate the amount that Mohan will pay at the end of 3 years.

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