Mathematics
At what rate per cent compound interest, does a sum of money become 1.44 times of itself in 2 years ?
Related Questions
What principal will amount to ₹ 9856 in two years, if the rates of interest for successive years are 10% and 12% respectively?
On a certain sum, the compound interest in 2 years amounts to ₹ 4240. If the rates of interest for successive years are 10% and 15% respectively, find the sum.
At what rate per cent will a sum of ₹ 4000 yield ₹ 1324 as compound interest in 3 years ?
A person invests ₹ 5000 for three years at a certain rate of interest compounded annually. At the end of two years this sum amounts to ₹ 6272. Calculate :
(i) the rate of interest per annum.
(ii) the amount at the end of the third year.