calculate the amount and compound interest on rs.10800 for 3 year’s at 12.5% per annum compound anually

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Question:-:-To Find:-Solution[tex]\tt\implies \: A = 10800 \times { ( \dfrac { 1 + 12.5 } { 100 } ) }^{ 3 } [/tex]

[tex]\tt\implies \: A = 10800 \times {1.125 }^{ 3 } [/tex]

[tex]\tt\implies \: A = 15377 [/tex]

Now ,

We have to find the compound Interest:-[tex]\tt\implies \: Interest = 15377 – 10800 [/tex]

[tex]\tt\implies \: Interest = 4577 [/tex]

Hence ,

Answer:Step-by-step explanation::Given that:To Find:Formula usedWhere,:Finding the amount⟶ A = 10800(1 + 12.5/100)³

⟶ A = 10800(1 + 0.125)³

⟶ A = 10800(1.125)³

⟶ A = 10800 × 1.125 × 1.125 × 1.125

⟶ A ≈ 15377

∴ Amount in compound interest = Rs 15377

:Finding the compound interest⟶ CI = 15377 – 10800

⟶ CI = 4577

∴ Compound interest = Rs 4577