Saving a certain amount for future is a good habit. ramesh

is a student of class x and he inculcated the habit of saving.

recently, ramesh have received a prize money of rs 10000

in an art competition. he deposited it with a bank. the bank

offers him a simple interest at the rate of 6.5% per year.

he has a plan to use this money to some books and

stationary.

based on the given information, answer the following questions:

(i) write the sequence of amount of money at the ends of each year. what kind of sequence is it and why?

(ii) if ramesh continue this for 16 years, what will be the amount he gets at the end of 16 years.

will give free brainliest to everyone who answers