Answer :

Step-by-step explanation:

To calculate the future value of the deposit with compound interest, we can use the formula:

A=P(1+r)^n

Where:

A is the future value of the investment/loan, including interest

P is the principal investment amount (the initial deposit or loan amount)

r is the annual interest rate (in decimal)

n is the number of years the money is invested or borrowed for

Given:

P=₹10,000

r=0.05

n=12

Plugging in the values:

A=10000(1+0.05)^12

A=10000(1.05)^12

A=10000(1.795856)

A≈17958.56

So, after 12 years, you would have approximately ₹17,958.56 in your bank account.