Question

10752 for 3 years at 12*1/2 % p.a.,interest being paid annually.​

Answer 1

Answer:

Amount=Rs 15309

Compound interest = Rs 4557

Step-by-step explanation:

Given :

Principal = Rs 10752

Rate of interest = 25/2 %p.a. = 12.5 % p.a.

Time = 3 years

Formula to find the Amount:

 amount=A = P(1 + r/100)t

=10752(1+12.5/100)3

=10752×112.5/100×112.5/100×112.5/100

Amount = Rs 15309

Formula to find the Compound interest :

Compound interest = Amount - Principal

Compound interest = 15309 - 10752=Rs 4557

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Answer 2

Answer:

20,500

Step-by-step explanation:

principal=10752

time=3 years

rate=12 1/2 p.a

we have to compound anually

terms=3

compounded anually-10752(1+12 1/2)^3

100

=10752(62/50) ^3

(by cancellation)

=10752×62/50×62/50×62/50

=0.086016×62×62×62

=20500( approximately)