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The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period in years is:
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Find the compound amount and compound interest on the principal Rs.20,000 borrowed at 6% compounded annually for 3 years.
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Find the compound amount which would be obtained from the interest of Rs.2000 at 6% compounded quarterly for 5 years.
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If the present value of my investment is $1,000 and the rate of interest is 6% compounded annually, what will the value be after 10 years?
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If the present value of my investment is $9,000 and the rate of interest is 3½% compounded annually, what will the value be after 4 years?
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Your goal is to have $2,000 in 6 years. The rate of interest is 10% compounded annually, so how much should you start with?
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Your goal is to have $3,500 in 10 years. The rate of interest is 3% compounded annually, so how much should you start with?
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The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is:
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Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit?
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What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12 p.c.p.a.?
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