What is the amount if Rs 2000 is invested for 2 years at 4% pa compounded annually?
The final Amount is Rs 2163.2.
What is compound interest on Rs 2000 at 5% pa for 2 years?
The correct Answer is:Rs. 205. Step by step video, text & image solution for The compound interest on Rs. 2000 at 5% per annum, compounded yearly for 2 years is by Maths experts to help you in doubts & scoring excellent marks in Class 14 exams.
What is the compound interest on Rs 2000 for 2 years at 10 pa?
420. ∴ The compound interest on ₹2000 at 10% p.a. for 2 years, compounded annually, is Rs. 420. The RRB NTPC Notification 2024 is expected to be released soon.
What is the amount of Rs 1000 in 2 years at 2% per annum compounded annually?
Detailed Solution. ∴ The Interest Amount will be Rs. 40.4.
What is the compound interest on 4 000 for 2 years at 5 pa?
∴ Compound interest is Rs. 410.
What is the compound interest on 2000 at 3% pa for 2 years?
- Given: Principal amount = Rs. 2000. Rate of interest = 3% pa. ...
- Concept used: Compound interest, CI = P(1 + R/100)n - P. where. P = Principal amount. ...
- Calculation: So, the compound interest.
- ⇒ 2000 (1 + 3/100)2 - 2000.
- ⇒ 121.80. ∴ The compound interest on Rs 2,000 for 2 years at 3% p.a. is Rs. 121.80.
What is the compound interest on Rs 2000 at 15 pa for 2 year 4 months compounded annually?
The correct Answer is:Rs 777.25
2000 at 15% pa for 2yr 4 months, compounded annually.
What is the compound interest on rupees 15000 for 2 years at 6% pa?
I=15,900×1×6100=Rs. 954.
What is the compound interest on Rs 5000 at 12 Pa for 2 years?
∴ The compound interest on a deposit of ₹5,000 at the rate of 12% p.a. for 2 years is ₹1,272.
What is the compound interest on Rs 15000 for 2 years at 6 PA?
- Compound interest on 15,000 for 2 years at 6% p.a is 1854.
- Principal P = 15000.
- Rate of Interest R = 6 % per annum.
- Time n = 2 years.
- A = Amount after 2 Years.
- Formula for A is :
- Compound interest on 15,000 for 2 years at 6% p.a is 1854.
- Learn More:
What is the amount of Rs 12000 after 2 years compounded?
The correct Answer is:1356
Step by step video, text & image solution for Find the amount of 12000 after 2 years, compounded annually the rate of interset being 5% P.a. during the first year and 6% p.a during the second year.
What is the amount of Rs 1000 for 2 years at 10 per annum compounded annually?
∴ The Interest Amount will be Rs. 210.
What is Rs 15000 for 2 years at 10% per annum compounded annually?
We get, = Rs 3150. (i) Rs 15000 for 2 years at 10% per annum compounded annually.
How much is $1000 worth at the end of 2 years if the interest rate of 6% is compounded daily?
Compound interest formulas
Hence, if a two-year savings account containing $1,000 pays a 6% interest rate compounded daily, it will grow to $1,127.49 at the end of two years.
How much will 10000 amount in 2 years at compound interest?
Calculate Rate using Rate Percent = n[ ( (A/P)^(1/nt) ) - 1] * 100. In this example we start with a principal of 10,000 with interest of 500 giving us an accrued amount of 10,500 over 2 years compounded monthly (12 times per year).
What is the compound interest of 1000 for 2 years?
So, the compound interest on Rs. 1000 for two years at 2% per annum is Rs. 40.4.
What is the amount and compound interest on 2000 in 2 years if the rate is 4?
2142.40− Rs. 2000= Rs. 142.40. If the rate of interest be 4% per annum for first year, 5% per annum for second year, and 6% per annum for third year, then what is the compound interest on Rs.
What will be the amount and compound interest on 2000 for 2 years at 5% per annum interest payable yearly?
Answer. Answer: Hence the compound interest that needs to be paid after two year will be equal to Rs 205.
How do you calculate compound interest for 2 years?
The future value compound interest formula is expressed as FV = PV (1 + r / n)n t. Here, PV = Present Value (Initial investment), r = rate of interest, n = number of times the amount is compounding, and t = time in years.
What does Rs 250 amount to in 2 years with compound interest?
The correct Answer is:Rs. 280.80. Step by step video, text & image solution for What does Rs. 250 amount to in 2 years with compound interest at the rate of 4% per annum in the first year and 8% per annum in the second year?
What is the compound interest on Rs 48000 for 2 years at 20 pa if interest is compounded annually?
48,000 for 2 years at 20% p.a., if interest is compound annually. A. Rs. 69,120.
What is the compound interest on 15000 for 2 years at 5% per annum?
=P+I=15000+1500= Rs. 16,500.
What is the compound interest on rupees 10000 in 2 years at 4%?
= ₹(10824.32 - 10000) = ₹824.32. Find the compound interest on Rs. 10,000 in 2 years at 4% per annum , the interest being compounded half yearly.
What is the compound interest on rupees 5000 for 2 years at 10%?
=> ₹6050 = ₹5000 + C.I. => ₹6050 - ₹5000 = C.I. => ₹1050 = C.I. So, the compound interest on ₹5000 for 2 years at the rate of 10% is ₹1050 .
What is the compound interest if Rs 20000 is invested at 10 pa for 3 years?
So, C.I = 26,620 - 20,000 = ₹ 6,620.
