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A man deposited Rs. 10,000 in a bank at the rate of 5% simple interest annually. Find the amount in 15th year since he

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A man deposited Rs. 10,000 in a bank at the rate of 5% simple interest annually. Find the amount in 15th year since he deposited the amount and also calculate the total amount after 20 years.

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= (10, 500 + (20 - 1)500)

= Rs. 20, 000

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