Pair the correct simple interest rate with the interest on a borrowed amount of ₹1000 for one year.
A man borrowed Rs. 16,000 for 3 years under the following terms :
20% simple interest for the first 2 years.
20% C.I. for the remaining one year on the amount due after 2 years, the interest being compounded half-yearly.
Find the total amount to be paid at the end of three years.