What is the compound interest on Rs 5000 at 12 Pa for 2 years? (2024)

What is the compound interest on Rs 5000 at 12 Pa for 2 years?

The compound interest is Rs 1272.

What is the compound interest on Rs 12000 at 10% pa for 2 years?

  1. Principal, P=Rs.12,000.
  2. Rate of interest, r=10%
  3. Time =2 years.
  4. So, n=2.
  5. Amount,A=P(1+r100)n=Rs. 12000(1+0.1)2=Rs.14520.
  6. CI=A−P=Rs. (14520−12000)=Rs. 2520.

What is the compound interest on Rs 5000 for 2 years at 4% pa?

  1. R=4%
  2. T=2yrs.
  3. A=P(1+R100)T.
  4. A=5000(1+4100)2=5000×(104100)2=5408.
  5. CI=A−P=5408−5000=408.
Jan 9, 2020

What is the compound interest on Rs 5000 for 2 years at 10 per annum?

So, CI = Rs 6050 - Rs 5000 = Rs. 1050.

What is the compound interest on 5000 at the rate of 15 per annum for 2 years?

Calculate the compound interest on ₹5000 at the rate 15% per annum for 2 years​ So, the compound interest on ₹5000 at an annual interest rate of 15% for 2 years is approximately ₹1,612.50.

How much will 12000 amount to in 2 years at compound interest?

12000 in two years is Rs. 1996.80.

What is the compound interest on 8000 at 10% pa for 2 years?

8000=Rs. 1680. Q. A man invests Rs.

What is the compound interest on 5000 for 2 years?

Principle = Rs. 5000, rate = 5%, time = 2 years. Hence, the answer is Rs. 512.50.

What will be the compound interest on $5000 for 2 years?

Compound Interest Calculator
YearStarting BalanceCumulative Interest
1$5,000$237
2$7,037$557
3$9,157$964
4$11,364$1,460
6 more rows

What is the compound interest on 5000 for 4 years at 12 per annum compounded annually?

So, the compound interest on 5,000 rupees for 4 years at a 12% annual interest rate compounded annually is 2,867.60 rupees.

What is the compound interest on Rs 5000 at a rate of 10 per annum for 1.5 years compounded half yearly?

COMPOUND INTEREST=A-P=768.45.

What will be the compound interest on Rs 5000 at 5% per annum for 3 years compounded annually?

Here, we will find simple interest (SI) using the formula $ \dfrac{PRN}{100} $ where, P is principal amount i.e. Rs. 5000, R is rate of interest i.e. 5% and N is time period i.e. 3 years. Now, to find compound interest, we will subtract principal amount from the amount i.e. $ I=A-P=5788.125-5000=Rs. 788.125 $ .

What is the compound interest on Rs 6000 for 2 years at 10% per year?

Compound Interest (compounding annually) to be received on this sum is Rs. 1260.

What will be the compound interest on 5000 for 2 years at 7% per annum?

∴ Compound Interest =Rs 5724−Rs 5000=Rs 724.

What is the compound interest on 5000 at 20 per annum?

⇒ CI = ₹ 7200−₹ 5000=₹ 2200.

What is the amount and compound interest on 5000 for 2 years at 8% per annum compounded annually?

Period (n) = 2 yearsAmount (A) = P (1+R100)n=Rs. 5000(1+8100)2=Rs. 5000×2725×2725=Rs. 5832∴ C.I.

How to calculate compound interest?

Compound interest is calculated by multiplying the initial loan amount, or principal, by one plus the annual interest rate raised to the number of compound periods minus one. This will leave you with the total sum of the loan, including compound interest.

How long does it take to double $5000 at a compound rate of 12% per year approx )?

Question: Double Your MoneyHow long does it take to double $5,000 at a compound rate of 12% per year (approx.)? PV=-5,000FV=10,000i=12N=6.12 Years.

What is the compound interest on Rs 12000 for 3 years at 10 per annum?

Now Compound interest = A - P ⇒ Compound interest = Rs. 15972 - Rs. 12000 = Rs. 3972.

What is the compound interest on Rs 50000 at 16 Pa for 2 years?

The compound interest is ₹17280

A sum of money, invested at compound interest, amounts to Rs. 16,500 in 1 year and to Rs. 19,965 in 3 years.

What is the CI on 30000 at 12% pa for 2 years?

Answer: => The compound interest will be Rs. 7632.

What is the compound interest on Rs 50000 for 2 years at rate 8 Pa compounded half yearly?

Expert-Verified Answer

r = 8% p.a. Therefore, the amount after 2 years is Rs 58320. Therefore, the compounded interest is Rs. 8320.

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.

How do you calculate compound interest over 2 years?

Compound Interest Formula
  1. The formula for compound interest is A=P(1+rn)nt, where A represents the final balance after the interest has been calculated for the time, t, in years, on a principal amount, P, at an annual interest rate, r. ...
  2. To find the balance after two years, A, we need to use the formula, A=P(1+rn)nt.
Feb 16, 2024

What is compound interest for 2 years?

Interest Compounded for Different Years
Time (in years)AmountInterest
1P(1 + R/100)P R 100
2P ( 1 + R 100 ) 2P ( 1 + R 100 ) 2 − P
3P ( 1 + R 100 ) 3P ( 1 + R 100 ) 3 − P
4P ( 1 + R 100 ) 4P ( 1 + R 100 ) 4 − P
1 more row

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