Ravi deposited * 12000 in a saving account whichgives 3% interest rate

1.	Ravi deposited * 12000 in a saving account whichgives 3% interest rate and 18000 to the accountwhich gives 5% interest rate. How much money willhe have after 6 years in both the accounts?
Answer» Step-by-step EXPLANATION: FIRST ACCOUNT PRINCIPAL =₹12000 Rate =3% time=6years $interest \: = \frac{12000 \times 3 \times 6}{100}$ $= ₹2,160$ amount=₹12000+₹2160 =₹14160 second account principal=₹18000 rate=5% time=6years $interest = \frac{18000 \times 5 \times 6}{100}$ $=₹5400$ amount=₹18000+₹5400 =₹23400 total money=₹23400+₹14160 =₹37,560