Answers

2014-11-08T18:16:34+05:30
Amount = Principal(1+Rate/100)^time
           = 80000((1+10/100)^1) * ((1+5/100)^1)
           = 80000 * 11/10 * 21/20
           =92400
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2014-11-08T19:19:13+05:30
Amount = Principle × ( 1 + rate × time )
           
              First converting rate into decimal = 10/100 = 0.1

Now , 
 
              = 80000 × ( 1 + 0.1 × 1.6 )
              = 80000 × 1.16
             = 92800
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