The amount that is compounded after 22 years is 94918.
The compound interest is the interest that is compound both of the principal and the interest.
Now we can use the formula;
A = P(1 + r/n)^nt
Where;
A = amount
P = principal
r = rate
n = number of times compounded
t = time taken
A = 9000(1 + 0.11/2)^ (2 * 22)
A = 94918
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