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Short of a loan shark or (equivalently) a credit card company, nobody charges or offers 10% interest per month (equivalent to 214% annually).

But, that is what you asked for so

the answer is 20,000*[(1 + 10/100)12*3 - 1]

= 20,000*[1.136 - 1 ]

= 618,254 - 20,000

= 598,254 (approx).

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11y ago

What else can I help you with?