A person deposits 10,000 in a bank in the year 2009, 20,000 in the year 2010,
40,000 in the year 2011. The amount of deposits in any given year is twice the amount
of deposit of the previous year. What would be the amount of deposit in the year 2014
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Answer:
320,000
Step-by-step explanation:
2011 = 40,000
2012 = 40,000 X 2 = 80,000
2013 = 80,000 X 2 = 160,000
2014 = 160,000 X 2 = 320,000
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