P=15000,R=12%,T=3 calculate amount and compound interest compounded annually
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Answer:
Step-by-step explanation:
A=p(1+r/100)^n
A=15000(1+12/100)^3
=15000(28/25)^3
=15000(21952/15625)
=21073.92
CI=A-P
=21073.92-15000
=6073.92
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