Advertisements
Advertisements
प्रश्न
If the compound interest is calculated quarterly, the amount is found using the formula __________
Advertisements
उत्तर
A = `"P"(1 + "r"/400)^(4"n")`
Explanation;
Hint:
Quarterly means 4 times in a year.
∴ The formula for compound interest is
A = `"P"(1 + "r"/400)^(4"n")`
APPEARS IN
संबंधित प्रश्न
Calculate the amount and compound interest on Rs 8000 for 1 year at 9% per annum compound half yearly. (You could use the year by year calculation using SI formula to verify)
Find the compound interest at the rate of 5% per annum for 3 years on that principal which in 3 years at the rate of 5% per annum gives Rs 1200 as simple interest.
The difference between the S.I. and C.I. on a certain sum of money for 2 years at 4% per annum is Rs 20. Find the sum.
The value of a machine depreciated by 10% per year during the first two years and 15% per year during the third year. Express the total depreciation of the machine, as percent, during the three years.
A sum of Rs. 13,500 is invested at 16% per annum compound interest for 5years. Calculate :
(i) the interest for the first year.
(ii) the amount at the end of first year.
(iii) the interest for the second year, correct to the nearest rupee.
Calculate the amount and the compound interest on Rs. 12,000 in 2 years and at 10% per year.
If the present population of a city is P and it increases at the rate of r% p.a, then the population n years ago would be `"P"(1 + "r"/100)^"n"`
Find the compound interest for `2 1/2` years on ₹ 4000 at 10% p.a, if the interest is compounded yearly
In how many years will ₹ 3375 become ₹ 4096 at `13 1/3` p.a if the interest is compounded half-yearly?
The time taken for ₹ 4400 to become ₹ 4851 at 10%, compounded half yearly is _______
