rs.10752 for 3 years at 25/2% p.a interested being payable yearly
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Answer:
Amount=Rs 15309
Compound interest = Rs 4557
Step-by-step explanation:
Given :
Principal = Rs 10752
Rate of interest = 25/2 %p.a. = 12.5 % p.a.
Time = 3 years
Formula to find the Amount:
Amount = Rs 15309
Formula to find the Compound interest :
Compound interest = Amount - Principal
Compound interest = 15309 - 10752=Rs 4557
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