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The above question can be solved using the formula
A =P (1+r/n)^nt
where P= Principal amount
r=rate of interest =6/100
t = time in years
n- number of months in a year
ln A-ln P =nt ln(1+r/n)
ln25628.15 -ln P =12*1 ln(1+6/1200)
24100 is not the right answer
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