a man deposits rs 10000 in a bank at 10% p.a. after 15 years how much amount will he get?
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Answered by
0
Answer:
15000+10000
Step-by-step explanation:
P*R*N/100
Answered by
2
Interest (per year) = 10000 x 10%
Interest = 1000
Amount in the 1st year = 10000
Amount in the 2nd year = 11000
Amount in the 3rd year = 12000
10000, 11000, 12000 ...
As this is forming a series, so it is in an AP
a = 10000
d = 1000
An = a + (n - 1) d
A15 = 10000 + (15 - 1) 1000
A15 = 10000 + 14 x 1000
A15 = 10000 + 14000
A15 = 24000
Total Amount after 15 years is 24000 Rupees.
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