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William Mwahunga deposited Sh. 1,000,000 as an investment in a fixed deposit account for a period of 10 years. The amount attracted annual compound interest...

William Mwahunga deposited Sh. 1,000,000 as an investment in a fixed deposit account for a period of 10 years. The amount attracted annual compound interest at the rate of 15% for the first four years, 12% for for the next four years and 9% for the remaining 2 years.
Required.
The value of the investment at the end of 10 years.

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Kavungya
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Kavungya answered the question on May 20, 2021 at 05:34

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