Answer:
There will be 20 914 rupees in the amount at the end of 3 years.
Step-by-step explanation:
The amount of rupes after t years in compound interest is given by:
In which A(0) is the initial amount and r is the interest rate, as a decimal.
Hiran invests 20 000 rupees in an account for 3 years at 1.5% per year compound interest.
This means that 
. So
Work out the total amount of money in the account at the end of 3 years.
This is A(3). So
Rounding to the nearest rupee.
There will be 20 914 rupees in the amount at the end of 3 years.
It's D because 9/100 is 0.09 and 4/10 is 0.40 and 0.40 is bigger than 0.09
Based on the terms of the invoice, the gross amount on the invoice and the date of payment, the cash discount is $19 and the net amount paid is $931.
<h3 /><h3>What is the cash discount?</h3>
The terms of the invoice are such that if the person pays within 10 days they get a 3% discount. If they pay in 15 days, they get a 2% discount.
The person paid on the 22nd after buying on the 8th so they qualify for the 2% for paying within 15 days.
The cash discount is:
= 2% x 950
= $19
The net amount paid is:
= 950 - 19
= $931
Find out more on cash discounts at brainly.com/question/14883253
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