Question

Principle =12544 rate=12%time=1 year compound interest

Answer 1

Answer:

Step-by-step explanation:

A=P[1+R/100}^1

  =12544[1+12/100}

  =12544 X 56/50

   =14049.28

CI=14049.28-12544

   =1505.28

Hope this answer help you....

Answer 2

$\Huge{\textbf{\underline{\underline{\mathfrak{AnSwEr:}}}}}$

$\large{\textsf{Given;}}$

$\large{\textsf{Principle\:=\:12,544}}$

$\large{\textsf{rate\:=\:12 percent}}$

$\large{\textsf{time(n)\:=\:1 year}}$

$\large{\textsf{Formula}}$

$\textsf{\boxed{Amount\:=\:P[1+\frac{r}{100}^n]}}$

$=> \: \: amount = 12544(1 + \frac{12}{100} ) \\ \\ \\ \\ \\ = > \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \ = 12544( \ \frac{112}{100} ) \\ \\ \\ \\ = > \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = 14049.28$

$\large{\textsf{As\:we\:know\:that\:,}}$

$\large{\textsf{CI\:=\:A-P}}$

So,

$\large{\textsf{CI\:=\:14049.28-12544.00}}$

$\Huge{\boxed{CI=1505.28}}$