Mathematics
A man deposits ₹ 10,000 in a cooperative bank for 3 years at 9% p.a. If interest is compounded annually, then the amount he will get from the bank after 3 years is:
₹ 12,950.29
₹ 12,905.29
₹ 12,059.29
₹ 12,095.29
Related Questions
The compound interest on ₹ 3,750 for 2 years at 8% p.a., compounded annually is:
₹ 604
₹ 614
₹ 624
₹ 642
A man invests ₹ 46,875 at 4% p.a. compound interest for 3 years. The interest for the 1st year will be:
₹ 1,785
₹ 1,587
₹ 1,875
₹ 1,758
₹ 16,000 is deposited in a bank for three years. The rates of compound interest for first and second year are 8% and 12% respectively. At the end of third year the amount becomes ₹ 21,384. The rate of interest for the third year will be:
7%
10%
11%
12%
A man borrows ₹ 5,000 at 12% compound interest p.a., interest payable every six months. He pays back ₹ 1,800 at the end of every six months. The third payment he has to make at the end of 18 months in order to clear the entire loan will be:
₹ 2,024.60
₹ 2,204.60
₹ 2,240.60
₹ 2,402.60