Mathematics
If the interest is compounded half-yearly, calculate the amount when principal is ₹ 7400; the rate of interest is 5% per annum and the duration is one year.
Related Questions
On a certain sum, the S.I. for 2 years is ₹ 2400. If the rate of interest is 10% p.a., then :
the sum is :
₹ 12000
₹ 26400
₹ 13200
₹ 24000
On a certain sum, the S.I. for 2 years is ₹ 2400. If the rate of interest is 10% p.a., then :
the amount in 2 years, at compound interest is :
₹ 14520
₹ 12000
₹ 12120
₹ 24000
Find the difference between the compound interest compounded yearly and half-yearly on ₹ 10000 for 18 months at 10% per annum.
A man borrowed ₹ 16000 for 3 years under the following terms :
20% simple interest for the first 2 years.
20% C.I. for the remaining one year on the amount due after 2 years, the interest being compounded half-yearly.
Find the total amount to be paid at the end of three years.