Question

At is yeal ( 9 % ) ot ( 20000=1800 )
Lud 2 yeas ob Gompound interest
[
begin{aligned}
A &=Pleft(1+{ }^{2}(n)^{n t}right.
&=20,000left[1+frac{0.1}{1}right]^{1(2)}
&=20,000(1.21)
&=24,2000
+& & 24,200+1800
&=26,000
end{aligned}
]

# SWUL On a fixed deposit year and in the deposits 20,000 3 years. ed deposit for three years, a bank gives interest 9% in the first 1×5=5 in the second and third year 10% compound interest. A man 20.000 under this scheme. How much interest he will get after ont riefm.1

Solution