find amount when interest is compounded annually principal equals to 25,000 rate equals to 12%and time=3years
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Answer:
hey mate here is ur ans
Step-by-step explanation:
we know the formula
A = P(1+r/100)^n
A = 25000(1+(12)/100)^3
A = 25000(112/100)^3
A = 25000(112)^3 /1000000
= 25(112)^3/1000
= 35123.2
hope it help u
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