Question 619171
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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 = P(1+r/n)^(nt)}}}
A = Accumulated Amount
P= principal =  25,000
r= annual rate = .14
n= periods per year = 1
t= years = 20
{{{A = 25000(1.14)^(20)}}}= $343,587.25