Question

A man saves 500 at the end of each year and lends the money at 10% compound
interest. How much will it become at the end of 4 years.​

Answer 1

Answer:

saves 500*10/100=50

4year4*50=200

500-200=300ans .

Answer 2

Answer:

1800

Money saved by the man at the end of each year = 500

Money lend by the man at compound = 10%

Money became at the end of 4 years = 500 divided by 10 = 50 = 500 - 50 =450

450 × 4 = 1800