10,800 for 3 years at 12 1/2 % per annum compounded annually.
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Answer:
Here, P=10,800
n=3 years
12=12
2
1
%=
2
25
%
A=P(1+
100
R
)
n
=10,800(1+
100
25
)
3
=10,800(
200
225
)
3
=10,800×
200
225
×
200
225
×
200
225
A=15377.34Rs
Compound Interest=Amount-P
=15377.34−10,800
=4577.34Rs
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