Question

10,800 for 3 years at 12% per annum compounded annually.​

Answer 1

Answer:

Rs.4373.22

Step-by-step explanation:

Principal= Rs10800.

Time=3 years.

Rate=12%.

C I=P(1+r/100)^t–P.

=10800(1+12/100)^3–10800.

=10800×28×28×$\frac{28}{25}$×25×25–10800.

=15173,22–10800= Rs 4373.22.