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Q: What will be the compound interest on an amount of 25000 at the rate of 12 percent per annum after three years. If the interest is compounded annually?
  • A. `9,824.00
  • B. `10,520.00
  • C. `10,123.20
  • D. `9,956.86
Correct Answer: Option C -
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Explanations:

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