Answer:
$ 45,000
Step-by-step explanation:
First 10 yrs: $ 10,000
Second 10 yrs: $ 15,000
SI=Principal (P) ×Rate(R)×Time(T)/100
SI = PRT/100
FOR 1ST YEAR
SI=$10,000×8×10/100
SI=$8,000
Amount (A)= Principal (P) +Interest (I)
A= $10,000+$ 8,000
A= $18,000
FOR 2ND YEAR
SI=$15,000×8×10/100
SI=$12,000
A= $15,000+ $12,000
A=$ 27,000
TOTAL EARN FOR 20YEARS
ADDITION OF BOTH YEARS
$18,000+ $27, 000
TOTAL EARN = $45,000.