Question

find the amount after 3 years on a principal of Rs 64000 if the rate of compound is 1
$12 \frac{1}{2}$
p.c.p.a

Answer 1

Amount =Rs.64000(1+25/2*100)³
=Rs.64000(9/8)³
=Rs.64000*729/512
=Rs.91125

Answer 2

The answer is RS 91125