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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)

=12*ln(1206/1200)

lnP=ln25628.15-12*ln(1206/1200)

=10.15 -0.05985

=10.09

P=24100

24100 is not the right answer

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