principal = ₹10,800
Rate = 12½ %
Time = 3 years
find amount using compound interest method
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Step-by-step explanation:
A is the final amount, P is the initial principal amount, r is the rate of interest, and t is the time in years. The total amount when Rs. 10,800 for 3 years at 12.5% per annum is compounded annually is Rs. 15377.343.
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