Mathematics
Find the amount and the compound interest on ₹ 10,000 for 1 year at 12% per annum, compounded half-yearly.
Related Questions
Calculate the amount and the compound interest on ₹ 25,000 for 3 years compounded annually, the rates of interest for successive years being 8%, 9% and 10% respectively.
Peter invested ₹ 2,40,000 for 2 years at 10% per annum compounded annually. If 20% of the accrued interest at the end of each year is deducted as income tax, find the amount he received at the end of 2 years.
The simple interest on a sum of money for 2 years at 10% p.a. is ₹ 1,700. Find:
(i) the sum of money,
(ii) the compound interest on this sum for 1 year, payable half yearly at the same rate.