Advertisements
Advertisements
प्रश्न
Amount when interest is compounded annually is given by the formula ______.
Advertisements
उत्तर
Amount when interest is compounded annually is given by the formula `underlinebb(A = P(1 + R/100)^T)`.
Explanation:
`A = P(1 + R/100)^T`
where, P = principal, R = rate per annum and T = time
APPEARS IN
संबंधित प्रश्न
Vasudevan invested Rs 60000 at an interest rate of 12% per annum compounded half yearly. What amount would he get
(1) after 6 months?
(2) after 1 year?
Find the compound interest when principal = Rs 3000, rate = 5% per annum and time = 2 years.
Find the compound interest on Rs 1000 at the rate of 8% per annum for \[1\frac{1}{2}\] years when interest is compounded half-yearly.
Find the compound interest on Rs 8000 for 9 months at 20% per annum compounded quarterly.
Find the compound interest on Rs 64000 for 1 year at the rate of 10% per annum compounded quarterly.
Ramesh deposited Rs 7500 in a bank which pays him 12% interest per annum compounded quarterly. What is the amount which he receives after 9 months.
Find the principal if the interest compounded annually at the rate of 10% for two years is Rs 210.
In what time will Rs 4400 become Rs 4576 at 8% per annum interest compounded half-yearly?
A certain sum amounts to Rs 5832 in 2 years at 8% compounded interest. Find the sum.
Find CI paid when a sum of Rs. 10,000 is invested for 1 year and 3 months at `8 1/2%` per annum compounded annually.
