answer this question please
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Answer:
12362.7
Step-by-step explanation:
Given,
P = 12000, R = 1.5%, Time = 2 years.
We know that,
A = P(1 + r/100)ⁿ
=> 12000(1 + 1.5/100)²
=> 12000(1.015)²
=> 1.030225 * 12000
=> 12362.7
Therefore, Amount = 12362.7
Hope it helps!
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