Subject
Bank Exam
Topic
Uttara Bank Limited (PO)-17.09.2021
Lamia owns a hairdressing salon. She borrows Tk. 2500 from a bank to improve her beauty salon. She is charged 4.5% per year compound interest. She pays the money back after 3 years. Calculate the total amount Lamia must pay to the bank.
Lamia owns a hairdressing salon. She borrows Tk. 2500 from a bank to improve her beauty salon. She is charged 4.5% per year compound interest. She pays the money back after 3 years. Calculate the total amount Lamia must pay to the bank.
ক)
2852.92খ)
2528.29গ)
2752.29ঘ)
2679.92Explanation
CP =p(1 + r/100}r = 2500(1+4.5/100) 3 = 2500 × (1.045)³ = 2500 × 1. 14116 = 2852.92Related questions
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