Swati took a loan of Rs. 16000 against her insurance policy at the rate of 12
% per annum. Calculate the total compound interest payable by Swati after 3 years.
Given,
Principal = Rs.16000
Rate = 12
%
Time = 3 years
Compound interest = 
= 
6
Swati took a loan of Rs. 16000 against her insurance policy at the rate of 12% per annum. Calculate the total compound interest payable by Swati after 3 years.
Given,
Principal = Rs.16000
Rate = 12%
Time = 3 years
Compound interest =
=