Question is: "Calculate the compound interest on Rs:12500 for 3 years at 4%per annum."
This is Answer to this question : 1560.80
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Answer:
1560.8
= 12500(1 4/100)3
=12500(104/100)3
=140608000/10000=14060.8
= 14060.8 - 12500
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