Find the ci on 12600 for 2 years at 10% pr annum compounded annually
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Answer:
p=12600
R=10%
T=2yrs
A=p(1+R/100)*2
A=12600(1+10/100)*2
A=12600(11/10)*2
A=12600*121/100*121/100
A=126*14641/100
A=126*146.41
A=18,447.66
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