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For Anita (compounded annually): A = ₹12,000 (1 + 20/100)2.5 = ₹12,000 × (6/5)2.5 = ₹20,953.92 Interest = A – P =20953.92-12000 = ₹8,953.92 For Rohan (compounded quarterly): Rate per quarter = 20 × 3/12 = 5% Time = 2.5 × 4 = 10 periods A = ₹12,000 (1 + 5/100)10 =12,000 × (21/20)10 = ₹21,331.02 Interest = A – P =21331.02-12000 = ₹9,331.02 Difference in interest = 9,331.02 - 8,953.92 = ₹377.10
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