Question

. At the beginning of year 2011, a man had
22,000 in his bank account. He saved some
money by the end of this year and deposited
it in the bank. The bank pays 10% per annum
compound interest and at the end of year
2012 he had * 39,820 in his bank account.
Find, what amount of money he had saved
and deposited in his account at the end of
year 2011.plz answer it​

Answer 1

Answer: he saved an amount of 14,200

Step-by-step explanation: let he saved an amount of x

Then

(22000+x)(1+10/100)^1= 39820

x= 14200