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?
What will be the compound interest on Rs 4000 in two years when rate of interest is 5% per annum?
Rohit deposited Rs 8000 with a finance company for 3 years at an interest of 15% per annum. What is the compound interest that Rohit gets after 3 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 amount of Rs 2400 after 3 years, when the interest is compounded annually at the rate of 20% per annum.
Find the amount of Rs 12500 for 2 years compounded annually, the rate of interest being 15% for the first year and 16% for the second year.
On what sum will the compound interest at 5% per annum for 2 years compounded annually be Rs 164?
A certain sum amounts to Rs 5832 in 2 years at 8% compounded interest. Find the sum.
The compound interest on Rs 8,000 for one year at 16% p.a. compounded half yearly is ______, given that (1.08)2 = 1.1664.
If principal = Rs 1,00,000. rate of interest = 10% compounded half yearly. Find amount after 6 months.
