Principal=25000
Time=3years
Rate of interest=12%per annum
Find compound interest?
Answers
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Step-by-step explanation:
A=P(1+R/100)n
=25000(1+12/100)3
=25000*102/100/102*100/102*100
=26530.2
CI=A-P
=26530.2-25000
=1530.2
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