james took out a a loan of 25000 which charges 10% interest compounded annually to settle the loan how he shoul pay at the end of 3 years
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1st year:2500x10/100=250
2nd year:2750x10/100=275 (2500+250)
3rd year:3025x10/100=302.50 (2750+275)
End of 3rd year=3025+302.50=3327.50
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