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
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?
Anil borrowed a sum of Rs 9600 to install a handpump in his dairy. If the rate of interest is \[5\frac{1}{2} %\] per annum compounded annually, determine the compound interest which Anil will have to pay after 3 years.
Meera borrowed a sum of Rs 1000 from Sita for two years. If the rate of interest is 10% compounded annually, find the amount that Meera has to pay back.
Find the amount and the compound interest on Rs 8000 for \[1\frac{1}{2}\] years at 10% per annum, compounded half-yearly.
Abha purchased a house from Avas Parishad on credit. If the cost of the house is Rs 64000 and the rate of interest is 5% per annum compounded half-yearly, find the interest paid by Abha after one year and a half.
Find the compound interest on Rs 15625 for 9 months, at 16% per annum, compounded quarterly.
Rekha deposited Rs 16000 in a foreign bank which pays interest at the rate of 20% per annum compounded quarterly, find the interest received by Rekha after one year.
Ashima took a loan of Rs 1,00,000 at 12% p.a. compounded half-yearly. She paid Rs 1,12,360. If (1.06)2 is equal to 1.1236, then the period for which she took the loan is ______.
If amount on the principal of Rs 6,000 is written as `6000 [1 + 5/100]^3` and compound interest payable half yearly, then rate of interest p.a. is ______ and time in years is ______.
If principal = Rs 1,00,000. rate of interest = 10% compounded half yearly. Find interest for next 6 months.
