Question

plz see the pic n answer

Answer 1

amount for first year=
A=12500(1+15/100)
A=12500(1+3/20)
A=12500(23/20)
A=12500×23/20
A=625×23
A=14375

amount for second year =
A=12500(1+16/100)^2
A=12500(1+4/25)^2
A=12500(29/25)^2
A=12500×29/25×29/25
A=20×29×29
A=17020