If the interest is compounded half-yearly, calculate the amount when principal is Rs. 7,400; the rate of interest is 5% per annum and the duration is one year.
Find the difference between the compound interest compounded yearly and half-yearly on Rs. 10,000 for 18 months at 10% per annum.
A man borrowed Rs.16,000 for 3 years under the following terms:
20% simple interest for the first 2 years.
20% C.I. for the remaining one year on the amount due after 2 years, the interest being compounded half-yearly.
Find the total amount to be paid at the end of the three years.
What sum of money will amount to Rs. 27,783 in one and a half years at 10% per annum compounded half yearly ?
Ashok invests a certain sum of money at 20% per annum, compounded yearly. Geeta invests an equal amount of money at the same rate of interest per annum compounded half-yearly. If Geeta gets Rs. 33 more than Ashok in 18 months, calculate the money invested.
At what rate of interest per annum will a sum of Rs. 62,500 earn a compound interest of Rs. 5,100 in one year? The interest is to be compounded half yearly.
In what time will Rs. 1,500 yield Rs. 496.50 as compound interest at 20% per year compounded half-yearly ?
- Concept of Compound Interest - When the Time is Not an Exact Number of Years and the Interest is Compounded Yearly
- Concept of Compound Interest - Compound Interest as a Repeated Simple Interest Computation with a Growing Principal
- Concept of Compound Interest - Use of Compound Interest in Computing Amount Over a Period of 2 Or 3-years