12000 for 2 years at 6% per anunum compounds annually
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Step-by-step explanation:
P = Rs 12000
R = 6 % p.a.
T/n = 2 year
A = P ( 1 + R/100 )n
= Rs 12000 ( 1 + 10/100 )2
= Rs 12000 ( 1 + 1/10 )2
= Rs 12000 ( 10 + 1 / 10 )2
= Rs 12000 ( 11/10 )2
= Rs 12000 × 11/10 × 11/10
= Rs 120 × 11 × 11
= Rs 14520
I HOPE IT WILL HELP YOU
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