What is the compound interest on rupees 2000 for 1 and half years at 10% pa when the interest is compounded half yearly?
Expert-Verified Answer. Since the amount is compounded half yearly, rate becomes half and time gets doubled. Hence, Amount and Compound Interest are Rs 2315.25 and Rs. 315.25, respectively.
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 compound interest on Rs 20000 for 2 years at 10% pa compounded annually?
Solution :-
Hence, the amount is Rs 24200 . ∴ The compound interest is Rs 4200 .
What is the simple interest for Rs 2000 for 3 years at 10% pa?
Expert-Verified Answer. The amount will be ₹ 2600. Step-by-step explanation: To find the amount, we need to calculate the simple interest and then add it to the principal.
What is the compound interest on Rs 1000 at 10 pa for 2 years compounded annually?
∴ The Interest Amount will be Rs. 210.
What is the amount if 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 ₹ 1000 for 1 year at 10 pa?
Thus Compound interest = 103.81 Rs.
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 20000 for 3 years at 10% per annum?
So, C.I = 26,620 - 20,000 = ₹ 6,620.
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.
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.
How do you calculate half yearly compound interest?
If interest is compounded half-yearly, rate of interest = R / 2 and A = P [ 1 + ( {R / 2} / 100 ) ]T, where 'T' is the time period. For example, if we have to calculate the interest for 1 year, then T = 2. For 2 years, T = 4.
What is the compound interest on rupees 1000 for 10 years at 4% per annum if the interest is calculated quarterly?
488.86. Hence, Compound interest would be Rs. 488.86.
What is the compound interest on rupees 1000 for 2 years at 4 per annum?
So, the compound interest on Rs. 1000 for two years at 4% per annum is Rs. 81.60.
What is the compound interest on Rs 1000 for two years at 2% per annum?
So, the compound interest on Rs. 1000 for two years at 2% per annum is Rs. 40.4.
How much is $1000 worth at the end of 2 years if the interest rate of 6% is compounded daily?
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.
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.
What is the amount if 2000 is invested for 2 years at 4?
So , The Amount will be Rs. 2163.
What will be the compound interest on Rs 4000 for 2 years at 5% pa?
∴ Compound interest is Rs. 410.
What is the compound interest for Rs 1000 at 5% compounded annually for 2 years?
Answer. Simplifying the equation, we find that the compound interest is Rs. 102.50.
What is the compound interest on Rs 5000 for 2 years at 4% pa?
- R=4%
- T=2yrs.
- A=P(1+R100)T.
- A=5000(1+4100)2=5000×(104100)2=5408.
- CI=A−P=5408−5000=408.
How much is $10000 at 10% interest for 10 years?
If you invest $10,000 today at 10% interest, how much will you have in 10 years? Summary: The future value of the investment of $10000 after 10 years at 10% will be $ 25940.
What is the compound interest on 10000 for 1 year at 20%?
∴Compound interest=A−P=12155.0625−10000=2155.0625.
What is $5000 invested for 10 years at 10 percent compounded annually?
The future value of the investment is $12,968.71. It is the accumulated value of investing $5,000 for 10 years at a rate of 10% compound interest.
