Calculate the amount on a sum of 15,000 at 12% p.a. compounded annually for 2 years.
please answer
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Step-by-step explanation:
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Answered by
0
Step-by-step explanation:
we know,
A= P(1+r)^n
A=15000(1+0.12)^2
=15000×1.2544
=18816 ans
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