DSSSB · Mathematics

In 2021, a sum of ₹12,000 is deposited in a bank at 8% interest rate per annum, the interest on which is compounded annually. Exactly one year later, in 2022, an additional ₹6,000 is deposited. What will be the total amount in the account on the same date in 2023?

  1. ₹21,225.8
  2. ₹20,980.5
  3. ₹20,476.8
  4. ₹21,756.6
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