Question

Find the amount to be paid at the end of 3 years in each case principal is equal to reach 1200 at 12% p.a

Answer 1

Answer:

4032

Step-by-step explanation:

Given ,

P=1200 , r=12% , t=3years

A=P(1+rt/100)

A=1200(1+12/100×3)

A=1200(3.36)

A=4032

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