Meena deposited Rs 12500 in a bank that earns 15% interest compounded annually what is the account balance after 3 years.( I know the answer rupees 19010.9 please give me explaiination)
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Answer:
19010.9
Step-by-step explanation:
amount meena deposited = $12500
interest earned by meena = 15% =15/100=5
amount balance after 3 years = 12500*5*3
= $187500
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