1st year interest = 20% x 10000 x 1
=sh. 2000
Amount after the 1st year = sh. 12000
2nd year interest = 20% x 12000 x1
=sh. 24 000
Amount after 2nd year = 12000 +2400
=sh. 14400
joseph rimiru answered the question on November 16, 2017 at 06:45
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