A man deposited Tk. 1,000 in a bank at 10% interest rate compounded annually for the first year. The rate increases to 15% in the 2nd year. At the end of the 2nd year, the total amount including interest will become how much?

Question

Satt Academy · Accepted Answer

প্রশ্নে বলা হচ্ছে যে, এক ব্যক্তি 10% বার্ষিক চক্রবৃদ্ধি সুদে 1,000 টাকা 1 বছরের জন্য ব্যাংকে রাখলেন। দ্বিতীয় বছরে সূদের হার বেড়ে 15% হলো। 2 বছর পর সুদাসল কত হবে?

The total amount after one year = 1,000 + 1,000 of 10% = 1,100 Tk.

∴ The total amount after two year = 1,100 + 1,100 of 15% = 1,265 Tk.

A man deposited Tk. 1,000 in a bank at 10% interest rate compounded annually for the first year. The rate increases to 15% in the 2^nd year. At the end of the 2^nd year, the total amount including interest will become how much?

Question:
A man deposited Tk. 1,000 in a bank at 10% interest rate compounded annually for the first year. The rate increases to 15% in the 2^nd year. At the end of the 2^nd year, the total amount including interest will become how much?

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Hi, আমি SATT AI!

A man deposited Tk. 1,000 in a bank at 10% interest rate compounded annually for the first year. The rate increases to 15% in the 2nd year. At the end of the 2nd year, the total amount including interest will become how much?

Question: A man deposited Tk. 1,000 in a bank at 10% interest rate compounded annually for the first year. The rate increases to 15% in the 2nd year. At the end of the 2nd year, the total amount including interest will become how much?

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Hi, আমি SATT AI!

A man deposited Tk. 1,000 in a bank at 10% interest rate compounded annually for the first year. The rate increases to 15% in the 2^nd year. At the end of the 2^nd year, the total amount including interest will become how much?

Question:
A man deposited Tk. 1,000 in a bank at 10% interest rate compounded annually for the first year. The rate increases to 15% in the 2^nd year. At the end of the 2^nd year, the total amount including interest will become how much?