# Sameerrao has tak

Principal = 12500/-, Rate = 12% (p.c.p.a), Duration (n) = 3 years

3

A = 12500 (1+ 0.12)3

A = 12500 (1.12)3

A = 12500 (1.404928)

A = 17561.60/-

Sameerao has to pay an amount of 17561.60/- .

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