Question

A man invests 15000 at the beginning of
every year in a bank and earns 10% annual
interest, compounded at the end of the year.
What will be his balance in the bank at the
end of 3 years?​

Answer 1

Answer:

answer is

Step-by-step explanation:

17450 will be the balmcr in bank

Answer 2

Answer:

49500

Step-by-step explanation:

Investment of 1 year=15000

Investment of 3 year=15000×3=45000

then

Interest of 1 year=10%of 15000

=10/100×15000

=10×150

=1500

Interest of 3 year=1500×3=4500

then

Total balance in 3 year =45000+4500=49500ans.