find the amount and compound interest on rupees 12000 in 3 years at 5 percent interest bring compounded annually.
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first year
p=12000
I=600
a=12600
second year
p=12600
I=630
a=13230
third year
p=13230
I=661.5
a=13891.5
CI= A-P
CI= 12000-13891.5
CI=1891.5
p=12000
I=600
a=12600
second year
p=12600
I=630
a=13230
third year
p=13230
I=661.5
a=13891.5
CI= A-P
CI= 12000-13891.5
CI=1891.5
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