10,800 for 3 years at 12percentper annum compounded annually.calculate the amount and compound interest?
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A=P(1+R/100)^(n)
A=10800 (1+12/100)³
=10800(1+3/25)³
=10800(28/25)³
=10800×28/25×28/25×28/25
=432×28×28/25×28/25
=9483264/625
A=15,173.22
CI=A-P
=15,173.22-10,800
=4373.22
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