Question

(a Ro 10,800 for 3 years
compounded annually
Lou 3 years 12.5%
per annum​

Answer 1

Step-by-step explanation:

Heya Rakesh chuahan friends

We know that

compounded Amount= CA = P((1+i)^n

P = Principal Amount = 10800

i = Rate of interest Per Annum =12 1/2 % =12.5%

n = Time = 3 years

CA. = 10800(1 + /100)^3

= 10800(1 + 0.125)^3

=10800(1.125)^3

=10800 (1.42382)

= 15377

Compound Interest = Compounded Amount - Principal Amount

= 15377 - 10800

= 4577