Amount borrowed = Rs 16000
Interest rate = 10%
9 Months = 3 quarterly years
Amount to be repaired after 9 months
= 16000 × (1 + \(\frac{2.5}{100}\))3
= 16000 × (\(\frac{102.5}{100}\))3
= 16000 × \(\frac{102.5}{100}\) × \(\frac{102.5}{100}\) × \(\frac{102.5}{100}\)
= 17230.25