Question 1 (c)Calculate the amount and compound interest on:c) Rs 62,500 for 112% years at 8% per annum compounded annually.

Question 1 (c)Calculate the amount and compound interest on:c) Rs 62,

1.	Question 1 (c)Calculate the amount and compound interest on:c) Rs 62,500 for 112% years at 8% per annum compounded annually.
Answer» Question 1 (c) Calculate the amount and compound interest on: c) Rs 62,500 for $1 \frac{1}{2} %$ years at 8% per annum compounded annually.