Hi,

a person has deposited rs 25,000 in an investment which yields 14% simple interest annually.

do these amounts (principal+interest) form an arithmatic progression? 

if so, determine the amount of inverstment after 20 years

In General 

A = Accumulated Amount

P= principal =  25,000

r= annual rate = .14

n= periods per year = 1

t= years = 20

= $343,587.25



 

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